...May 1, 2025 + S&P Global Ratings assigned its '##+/A-1+' dual rating to the Minnesota Housing Finance Agency's (MHFA, or the agency) $35 million residential housing finance bonds (RHFBs), 2025 series H (taxable bonds). + The outlook is stable. CHICAGO (S&P Global Ratings) May 1, 2025--S&P Global Ratings today took the rating actions listed above. In our opinion, the program exhibits opportunities related to social capital based on its purpose to create, preserve, and finance affordable housing for the state's low- to moderate-income residents. We believe factors such as income, unemployment, and housing supply could affect program demand, and we consider this in our market position assessment, but our assessment is neutral. We view environmental and governance factors for the program as neutral in our credit analysis. Our short-term components of the dual ratings are linked to the support providers. Environmental, social, and governance (ESG) factors that have an effect on the rating on...
