Colorado Housing&Finance Authority 2025 Series I Class I Multifamily Project Bonds Rated 'AAA'; Outlook Is Stable

S&P Global Ratings assigned its 'AAA' long-term rating to the Colorado Housing&Finance Authority 's (CHFA) 2025 series I class I multifamily project bonds (MFPBs; Vina Senior Residences), with an expected par of $23.3 million. At the same time, we affirmed our 'AAA', 'AA+', ?AA? long-term ratings on CHFA's class I, class II, and class III bonds, respectively, in addition to our 'AAA/A-1+' and 'AA+/A-1+' dual ratings on the authority's adjustable-rate class I and II bonds outstanding, respectively. The outlook, where applicable, is stable. ENGLEWOOD (S&P Global Ratings) June 26, 2025--S&P Global Ratings today took the rating actions listed above. In our opinion, the program exhibits social capital opportunities given its purpose to invest in affordable housing for the

...Class I Class II Class III Legal framework No cap No cap No cap Program management and operational risk No cap No cap No cap Cash flow analysis Overcollateralization ### ### ## Stressed cash flows ### ### ### Hedging risk No cap No cap No cap HFA general obligation pledge N/A N/A ##- Anchor Anchor ### ### ## Modifiers and holistic analysis Liquidity reserves No modifier No modifier No modifier Market position No modifier No modifier No modifier Holistic analysis No modifier -1 notch No modifier Stand-alone credit profile SACP ### ##+ ## Other applicable criteria ### no cap no cap Final Final rating ### ##+ ## N/A--Not applicable....

Ratings Action