CHICAGO (S&P Global Ratings) Nov. 6, 2023--S&P Global Ratings assigned its 'AA+' long-term rating to the Minnesota Housing Finance Agency's (MHFA, or the agency) approximately $49 million residential housing finance bonds (RHFBs), 2023 series R (non-AMT), and $82.25 million RHFB 2023 series S (taxable) bonds. At the same time, S&P Global Ratings assigned its 'AA+/A-1+' dual rating to the agency's $43.75 million RHFB, 2023 series T (taxable) (social bonds). Finally, S&P Global Ratings affirmed its 'AA+' long-term rating and 'AA+/A-1+' and 'AA+/A-1' dual ratings on the agency's previously issued RHFBs. The outlook, where applicable, is stable. Bond proceeds, program obligations, investment obligations, revenue, and other assets held under the bond resolution secure the RHFBs. The bonds are also general obligations
