Moody's Investors Service has assigned a rating of "Aaa" to VHFA's $102 million mortgage revenue bonds (Mortgage Backed Securities Program) Series 2009A (escrow bonds).
It rated our $23 million HFA Initiative Multifamily Bonds, 2009 Series A (taxable), "Aa2."
Moody's long-term obligation ratings, for investment- and speculative-grades, work on a 21-grade scale. "Aaa" is the highest; "Aa2" is the third highest.