Community Housing Funding Agency gets A+ credit rating, prepares to issue first social bonds

Community Housing Funding Agency gets A+ credit rating, prepares to issue first social bonds
Homes being built by the Ōtautahi Community Housing Trust with lending support from the CHFA. (Image: OCHT)
Oliver Lewis
The Community Housing Funding Agency has secured an A+ credit rating, allowing it to issue its first social bonds in the coming weeks.Ratings agency S&P Global issued the A+ rating this week, citing Government support for the agency and its strong liquidity position.In March, Housing Minister Chris Bishop announced the Government would provide $150 million in loan facilities to the young agency, which was launched by Community Finance last year to aggregate the borrowing needs of Community Housing Providers (CHPs).ANZ also provided a $150m...

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