CENTENNIAL (S&P Global Ratings) March 9, 2021--S&P Global Ratings revised the outlook to positive from stable on all debt under Virginia Housing Development Authority's (Virginia Housing) rental housing bond resolution. In addition, we assigned our 'AA+' long-term rating to the authority's (Virginia Housing) 2021 series B tax-exempt non-AMT rental housing bonds. At the same time, we affirmed our 'AA+' long-term rating on Virginia Housing's previously issued debt under the rental housing bond resolution. "The positive outlook reflects our view of the authority's solid and growing equity and strong financial and administrative performance," said S&P Global Ratings credit analyst Jessica Pabst. Virginia Housing's pledge of the rental housing bond resolution and its assets secures the 2021 series B bonds, as does
