Summary: Minnesota Housing Finance Agency; General Obligation; Single Family Multiple MBS

S&P Global Ratings assigned its 'AA+' long-term rating to the Minnesota Housing Finance Agency's (MHFA, or the agency) $150 million 2022 series LMN residential housing finance bonds (RHFBs; social bonds). At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating and 'AA+/A-1+' dual rating on the agency's previously issued residential housing finance bonds. The outlook is stable. The rating reflects the application of our "Methodology For Rating U.S. Public Finance Mortgage Revenue Bond Programs," published Oct. 10, 2022, on RatingsDirect. The rating is no longer under criteria observation. Bond proceeds, program obligations, investment obligations, revenue, and other assets held under the bond resolution secure the residential housing finance bonds. The bonds are also general obligations (GOs) of MHFA,

...Minnesota Hsg Fin Agy residential hsg fin agy VRDB Long Term Rating ##+/A-1+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin agy (non-AMT) Long Term Rating ##+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin agy 2015 Series D (AMT) due 01/01/2046 Long Term Rating ##+/A-1+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin bnds Long Term Rating ##+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin bnds Long Term Rating ##+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin bnds Long Term Rating ##+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin bnds Long Term Rating ##+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin bnds Long Term Rating ##+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin bnds ser 2015A (AMT) due 01/01/2041 Long Term Rating ##+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin bnds ser 2016C due 07/01/2037 Long Term Rating ##+/Stable Affirmed Minnesota Hsg Fin Agy residential hsg fin bnds ser...

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