S&P Global Ratings Services assigned its 'AA+/A-1+' dual rating to Minnesota Housing Finance Agency's (MFHA) 2024 series S taxable residential housing finance bonds (RHFBs), with an expected par amount of $15 million. The outlook 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 of MHFA, payable with any of the agency's generally available money, assets, or revenue, subject only to the provisions of other resolutions or indentures pledging or appropriating particular money, assets, or revenue to particular notes or bonds, and subject to any state or federal restrictions. The 2024 Series S bonds are being issued as variable-rate demand obligations and will receive
