S&P Upgrades BRIDGE Housing Credit Rating to AA, Highest Rating Among Nonprofit Affordable Housing Developers

S&P Upgrades BRIDGE Housing Credit Rating to AA, Highest Rating Among Nonprofit Affordable Housing Developers

SAN FRANCISCO--(BUSINESS WIRE)--Oct 8, 2026-

BRIDGE Housing Wins AA Rating from S&P, Setting the High-Water Mark for Nonprofit Housing Developers

S&P Global Ratings lifted BRIDGE Housing Corp.'s issuer credit rating and the rating on its outstanding debt to AA from AA-, rewarding the San Francisco nonprofit for operating margins that top every rated U.S. social housing provider and for new revenue engines built around a property management joint venture and a fledgling impact fund.

BRIDGE Housing Earns Credit Rating Upgrade from S&P

BRIDGE Housing announced that S&P Global Ratings has upgraded the company’s credit rating to AA from AA-, earning itthe highest rating assigned to a nonprofit housing provider. S&P cited “extremely strong” management, financial performance, and debt profile in raising BRIDGE’s issuer credit rating and long-term rating on the company’s outstanding debt to AA, while maintaining a stable outlook. The credit rating agency noted that BRIDGE remains a…