S&P Global Ratings assigned its 'AA+' long-term rating to Massachusetts Housing Finance Agency 's (MassHousing) roughly $283 million series 2025C and $25 million series 2025D housing bonds. At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating and underlying rating (SPUR) and its 'AA+/A-1+' and 'AA+/A-1' dual ratings 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 a pledge of 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 benefits from some