S&P Global Ratings assigned its 'AA+' long-term rating to the Minnesota Housing Finance Agency's (MHFA) $70 million residential housing finance bonds (RHFBs), 2025 series A (taxable). At the same time, S&P Global Ratings assigned its 'AA+/A-1+' dual rating to the MHFA's $15 million RHFBs 2025 series B (taxable). Finally, S&P Global Ratings affirmed its 'AA+' long-term rating and 'AA+/A-1+' and 'AA+/A-1' dual ratings 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
