S&P Global Ratings assigned its 'AA+' rating to Nevada Housing Division's (NHD) roughly $43.6 million series 2022B single-family mortgage revenue refunding bonds, issued under NHD's single-family mortgage revenue bonds general indenture. At the same time, S&P Global Ratings affirmed its 'AA+' rating on all senior-lien revenue bonds under the indenture. In addition, S&P Global Ratings affirmed its 'A-1+' rating on NHD's series 2021D bonds, which it plans to fully redeem with the series 2022B issuance. The outlook, where applicable, is stable. The series 2022B bonds are a special limited obligation of NHD, payable solely from, and secured by, all funds and assets pledged under the general indenture. NHD will hold series 2022B bonds on parity with approximately $258.7 million of
