S&P Global Assigns 'A+' Credit Rating to Corporation for Supportive Housing
S&P Global Ratings has assigned an A+ issuer credit rating with a stable outlook to the Corporation for Supportive Housing (CSH), recognizing its strong financial management, disciplined lending practices, and robust loan portfolio performance. CSH is a national nonprofit Community Development Financial Institution that provides financing for affordable and supportive housing developments across the U.S. As of 2025, CSH managed $647 million in loans and investments supporting over 174 projects nationwide. The organization has maintained cumulative net losses of just 0.44% throughout its history due to strong underwriting practices. With this rating, CSH aims to attract more capital to expand financing for affordable housing as demand continues to outpace available resources. Founded in 1991 and operating solely on supportive housing initiatives, CSH has created over 512,500 units of affordable housing and invested $2.2 billion across the U.S., working collaboratively with partners rather than directly developing or managing properties.
Topics: affordable housing CDFI nonprofit finance S&P rating