CalHFA Comments on Moody’s Ratings Upgrade

SACRAMENTO, Calif.–(BUSINESS WIRE)–The California Housing Finance Agency is pleased to announce that Moody’s Investor Service has raised CalHFA’s Issuer Rating from ‘A2’ to ‘A1’ with a Positive Outlook. Moody’s has also affirmed the A1 rating and revised the outlook to positive from stable for all outstanding California Housing Finance Agency Multifamily Housing Revenue Bonds III. The ratings rationale reflects the Agency’s continued improvement in financial performance, the improved quality