...S&P Global Ratings assigned its '##' long-term rating to the Massachusetts Housing Finance Agency's (MassHousing) approximately $88.2 million 2021 series A-1 and A-2 (collectively, the 2021 series A bonds) housing bonds. The outlook is positive. MassHousing will use the 2021 series A bond proceeds to provide construction and permanent financing for certain multifamily residential developments. The 2021 series A bonds will be issued in fixed-rate mode, paying interest semiannually on June 1 and Dec. 1, beginning Dec. 1, 2021. The series A-1 bonds are subject to optional, mandatory sinking fund, and special redemption per the official statement. The series A-2 bonds are subject to optional and special redemption per the official statement The 2021 series A bonds are special revenue obligations of MassHousing, secured solely by a lien on money and investments held in all funds and accounts established by the housing bond resolution, which is MassHousing's main issuing indenture for its multifamily...
