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Published on 3/24/2008 in the Prospect News Municipals Daily.

S&P rates Pa. housing bonds AA+/A-1+, AA+

Standard & Poor's said it assigned ratings to the Pennsylvania Housing Finance Authority's $59.63 million of single family mortgage revenue bonds, series 2008-101A, 2008-101B and 2008-101C.

An AA+/A-1+ rating was assigned to the $13.5 million of series 2008-101A convertible option bonds and the $16.31 million of series 2008-101B convertible option bonds.

An AA+ rating was assigned to the agency's series 2008-101C bonds.

The outlook is stable.


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