...S&P Global Ratings assigned its '##+' long-term rating to the Virginia Housing Development Authority's (Virginia Housing) 2020 series I non-AMT and series J taxable rental housing bonds. At the same time, S&P Global Ratings affirmed its '##+' long-term rating on Virginia Housing's previously issued debt under the rental housing bond resolution. The outlook is stable. Virginia Housing's general obligation (GO) pledge secures the 2020 series I and J (2020IJ) bonds, as do a pledge of the rental housing bond resolution and its assets. The rating reflects our analysis of both revenue streams according to our criteria "Methodology: Rating Approach To Obligations With Multiple Revenue Streams," published Nov. 29, 2011, on RatingsDirect. Both pledges are of equal credit quality, according to our analysis. Virginia Housing anticipates issuing $47.3 million of 2020 series I bonds and $50.0 million of 2020 series J bonds, the total proceeds of which will fund mortgage loans for nine developments....