Inside the Rating Process

Credit ratings play an increasingly important role in affordable housing finance, influencing borrowing costs, investor confidence, and long-term capital strategies. This interactive roundtable brings together representatives from Moody’s, Fitch, and S&P to discuss how rating agencies evaluate housing authorities and affordable housing transactions. Panelists will explore key credit factors, financial trends, governance considerations, operational risks, and market outlooks impacting ratings today. Attendees will gain practical insight into preparing for the rating process, strengthening organizational positioning, and understanding how agencies can improve financial resilience in a changing environment.

Moderator:
Nicole Graham
Co-CEO, CSG Advisors

Panelists:
Teresa Galicia
Director, U.S. Public Finance, Fitch Ratings

Patience Wall
S&P Global Ratings

Rachael McDonald
Executive Director, Housing and Community Lending Team, Moody’s Ratings