S&P Global Ratings assigned its 'AAA' long-term rating to Iowa Finance Authority 's $60 million series 2025C nonalternative-minimum-tax social bonds and roughly $63.93 million series 2025D taxable single-family mortgage bonds (the mortgage-backed securities [MBS] program). At the same time, S&P Global Ratings affirmed its 'AAA' long-term rating and 'AAA/A-1+' and ?AAA/A-1' dual ratings on the authority?s other applicable variable-rate series bonds under IFA?s 1991 single-family mortgage bond resolution. The outlook is stable. ENGLEWOOD (S&P Global Ratings) April 22, 2025--S&P Global Ratings today took the rating actions listed above. We have analyzed the program's environmental, social, and governance (ESG) factors and opportunities relative to its legal framework, program management and operational risk, asset pool?s credit quality, cash-flow analysis, liquidity, and market
