Rating Agency Reports

IHDA is a bonding authority and independently sells bonds to:

• Support Illinois homebuyers purchasing a first home; and
• Support housing developers building or rehabilitating multi-unit affordable developments.

IHDA’s ability to sell bonds depends on the strength of its credit rating. International rating agencies assign IHDA a credit rating based on an assessment of the Authority’s operations and ability to meet its bond and other debt obligations. Despite a volatile housing market, IHDA has successfully maintained a strong credit rating. IHDA currently has an issuer credit rating of A1/A+/AA- from Moody’s Investors Service, Standard & Poor’s and Fitch Ratings respectively.

For more detail, please view the most current rating agency reports:

Moody's Investors Service (February 14, 2012)

Standard & Poor’s (April 11, 2012)

Fitch Ratings (December 13, 2011)

Moody’s Investors Service (April 19, 2007)