Standard&Poor's Ratings Services has assigned its 'AA' rating and positive outlook to Minnesota Housing Finance Agency's (MHFA) state appropriation bonds (housing infrastructure), series 2015C, which are supported by appropriations from Minnesota. The 'AA' appropriation rating on MHFA bonds reflects: The general credit characteristics of Minnesota; The state's demonstrated commitment to repaying its appropriation backed obligations; and The standing appropriation nature of the obligation such that the legislature would have to un-allot or appeal the appropriations for a pledged appropriation not to be made. Credit factors supporting the state 'AA+' ratings include our view of the Minnesota's: Deep and diverse economy, with the Minneapolis-St. Paul metropolitan statistical area, the center of the upper Midwest economy, anchoring regional economic hubs;
