S&P Global Ratings assigned its 'AA+/A-1' dual rating to Massachusetts Housing Finance Agency 's (MassHousing) roughly $71.4 million series 2026B 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. Bonds issued within the housing bond resolution are special revenue obligations of MassHousing, secured solely by certain revenue and funds established under the resolution, which is MassHousing's main issuing indenture for its multifamily program. A lien on all income from mortgage loans also secures the bonds. The majority of portfolio loans benefit from some form of federal or commonwealth subsidy or insurance and are
