Standard & Poor's Ratings Services said it revised its revised methodology and assumptions for assigning stand-alone credit profiles (SACP) to social or public housing providers, the first stage in assigning issuer credit ratings (ICRs) to these entities.

Because these providers perform a public service and are instrumental in meeting government housing goals, the agency said it applies its criteria for government-related entities to arrive at the final ICR, and may also apply our group methodology criteria where appropriate.

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