S&P Global Ratings assigned its 'AA+/A-1' dual rating to Massachusetts Housing Finance Agency 's (MassHousing) roughly $62.66 million series 2025A housing bonds, and its 'AA+' long-term rating to MassHousing's roughly $40.96 million series 2025B housing bonds. At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating and underlying rating (SPUR), 'AA+/A-1+' rating, and 'AA+/A-1' rating on MassHousing's existing debt within the housing bond resolution. The outlook is stable. NEW YORK (S&P Global Ratings) Aug. 25, 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 MassHousing's legal framework, program management and operational risk, asset pool's credit quality, cash flow analysis, liquidity, and market