...S&P Global Ratings assigned its '##+' rating to Virginia Housing Development Authority's (VHDA) approximately $226.63 million series 2021J 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 2021J 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 "Methodology: Rating Approach To Obligations With Multiple Revenue Streams" criteria published Nov. 29, 2011. Both pledges are of equal credit quality, according to our analysis. Officials plan to use series 2021J bond proceeds to fund one or more new mortgage loans. VHDA expects to issue the series 2021J bonds as fixed-rate bonds, subject to optional, sinking fund, and special redemptions as outlined in the official statement. VHDA has sold well in...