S&P Global Ratings assigned its 'AA+' long-term rating to the Virginia Housing Development Authority 's (Virginia Housing) $32.935 million series 2026D non-AMT rental housing bonds. At the same time, we affirmed our 'AA+' long-term rating on Virginia Housing's rental housing bond (RHB) resolution. The outlook is stable. NEW YORK (S&P Global Ratings) Aug. 4, 2026--S&P Global Ratings today took the rating actions listed above. The stable outlook reflects our view of Virginia Housing's intended strategy within the RHB resolution and its approach to financing multifamily loans. The rating will likely remain constrained in the near term based on management's strategy to use the resolution's net assets to fund the Resources Enabling Affordable Community Housing in Virginia (REACH) program. Most of
