...June 15, 2020 SAN FRANCISCO (S&P Global Ratings) June 15, 2020--S&P Global Ratings assigned its '##' long-term rating to the Massachusetts Housing Finance Agency's (MassHousing) 2020 series A-1, A-2, A-3 (collectively, the 2020 series A bonds), and B housing bonds. At the same time, S&P Global Ratings affirmed its '##' long-term rating and underlying rating (SPUR) as well as various dual ratings on MassHousing's housing bonds outstanding. The outlook, where applicable, is stable. MassHousing will use the 2020 series A and B proceeds (approximately $155.1 million) to provide permanent financing for certain multifamily residential developments and to refund 2010 series C and E. "The rating reflects our view of very strong coverage and liquidity, very strong management and governance assessment, strong market position assessment, diversified loan pool, and high level of government support," said S&P Global Ratings credit analyst Aulii Limtiaco. The stable outlook reflects our anticipation...
