...S&P Global Ratings assigned its '##+' rating to Virginia Housing Development Authority's (VHDA) approximately $30 million series 2021H taxable rental housing bonds and affirmed its '##+' rating on VHDA's previously issued debt under the rental-housing-bond resolution. The outlook is positive. VHDA's rental-housing-bond-resolution pledge and assets secure the series 2021H bonds and existing debt. In addition, VHDA's general-obligation (GO) pledge secures the bonds. The rating reflects our analysis of both revenue streams, according to our criteria, titled "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. Officials plan to use series 2021H bond proceeds to fund new mortgage loans. VHDA expects to issue the series 2021H bonds as fixed-rate bonds, subject to optional, sinking-fund, and special redemptions as outlined in the official statement. VHDA has sold...