S&P Global Ratings revised its outlook to stable from positive and affirmed its 'AA+' long-term rating on the Virginia Housing Development Authority's rental housing bond (RHB)resolution. At the same time, we assigned our 'AA+' rating to Virginia Housing's approximately $95.1 million series 2022G non-AMT tax-exempt rental housing bonds. The outlook revision reflects the application of our "Methodology For Rating U.S. Public Finance Mortgage Revenue Bond Programs", published Oct. 10, 2022. The rating is no longer under criteria observation. Bonds issued within the RHB resolution are general obligations of Virginia Housing payable from the revenues, assets, and money pledged under the master indenture on a parity basis with all other obligations outstanding under the master indenture. The bonds are also supported
