S&P Global Ratings assigned its 'AA+' rating to Nevada Housing Division (NHD)'s series 2023A and 2023B single-family mortgage revenue bonds, issued under the general indenture, with an expected combined par amount of $50 million. At the same time, S&P Global Ratings affirmed its 'AA+' rating on NHD's single-family general indenture bonds. The outlook is stable. The rating reflects the application of our criteria, "Methodology For Rating U.S. Public Finance Mortgage Revenue Bond Programs," published Oct. 10, 2022, on RatingsDirect. Bonds issued within the general indenture are limited obligations of NHD, payable solely from revenue, assets, and money pledged under the master indenture on a parity basis with all senior obligations outstanding under the indenture. According to preliminary transaction documents, NHD
