S&P Global Ratings assigned its 'AA+' long-term rating to the Minnesota Housing Finance Agency's (MHFA, or the agency) $185 million residential housing finance bonds (RHFBs), 2024 series O (non-AMT; social bonds) and 2024 series P (taxable; 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 RHFBs. The outlook, where applicable, is stable. Bond proceeds, program obligations, investment obligations, revenue, and other assets held under the bond resolution secure the RHFBs. The bonds are also general obligations (GOs) of MHFA, payable out of any of its generally available money, assets, or revenue, subject only to the provisions of other resolutions or indentures pledging or appropriating particular money,
