TITLE

Air Conditioning Goes on Fritz, Housing Bonds Downgraded

AUTHOR(S)
Victory, Darren
PUB. DATE
August 2001
SOURCE
Bond Buyer;8/22/2001, Vol. 337 Issue 31208, p38
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the decline in the rating of revenue bonds issued for the multifamily housing project in Phoenix, Arizona. Influence of an apartment cooling system overhaul on bond rating; Impact of the incident on occupancy rate; Problems with bond debt service.
ACCESSION #
5111129

 

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