S&P Global Ratings affirmed its 'AA-' long-term rating and underlying rating (SPUR), on Massachusetts Housing Finance Agency's (MassHousing) housing bond resolution. In addition, S&P Global Ratings affirmed the various ratings in MassHousing's housing bond resolution. The outlook, where applicable, is stable. The rating affirmation is based on our understanding that MassHousing will issue up to $100 million of bond anticipation notes in the housing bond resolution, on a direct purchase basis. Although S&P Global Ratings is not rating the bond anticipation notes, the issuance of the notes does not, in our opinion, impact the various ratings on the housing bond resolution. The 'AA-' long-term ratings and SPURs reflect our view of: The extremely strong level of government support, reflecting ongoing