Social Housing Agency Gets A+ Credit Rating

Social housing agency gets A+ credit rating

The Community Housing Funding Agency has received an investment-grade A+ credit rating from ratings agency S&P Global.

A+ credit rating will boost social housing delivery

News that the Community Housing Funding Agency has achieved an A+ credit rating from S&P Global will mean more social homes can be delivered more cost effectively, Housing Minister Chris Bishop says. “Currently, Community Housing Providers (CHPs) account for 16 per cent of our social homes, or around 14,000 houses, while Kāinga Ora provides about 73,000 social homes.  “Organisations like The Salvation Army, Accessible Properties NZ Ltd, and Te Ā…