U.S. Public Finance Weekly Credit Outlook - 22 December 2016
MOODYS.COM DECEMBER 22, 2016 FEATURE ARTICLES Department of Defense Raises Housing Allowance, a Credit Positive for Overall Military Housing Sector The 2.4% average increase in the Basic Allowance for Housing (BAH) in 2017 will improve military housing revenues because projects rely on BAH payments as their primary source of rental revenue, which will lead to growth in a financing’s debt service c
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