Colorado Housing&Finance Authority Class I 2023 Series N-1 Single-Family Mortgage Bonds Rated ?AAA?

ENGLEWOOD (S&P Global Ratings) Aug. 4, 2023--S&P Global Ratings assigned its 'AAA' long-term rating to the Colorado Housing&Finance Authority's (CHFA) class I 2023 series N-1 single-family mortgage bonds (SFMBs), expected to have an aggregate par amount of $180 million. At the same time, we affirmed our 'AAA', 'AA+', and 'AA' long-term ratings and various short-term ratings on the authority's class I, class II, and class III bonds outstanding, respectively, under the SFMB indenture. The outlook, where applicable, is stable. "The ratings reflect our view of the program's legal framework that links duties of key transaction parties, with proper execution of the program in alignment with our criteria, program management and operational risk assessment, overcollateralization and cash flows capable

...August 4, 2023 ENGLEWOOD (S&P Global Ratings) Aug. 4, 2023--S&P Global Ratings assigned its '###' long-term rating to the Colorado Housing & Finance Authority's (CHFA) class I 2023 series N-1 single-family mortgage bonds (SFMBs), expected to have an aggregate par amount of $180 million. At the same time, we affirmed our '###', '##+', and '##' long-term ratings and various short-term ratings on the authority's class I, class II, and class III bonds outstanding, respectively, under the SFMB indenture. The outlook, where applicable, is stable. "The ratings reflect our view of the program's legal framework that links duties of key transaction parties, with proper execution of the program in alignment with our criteria, program management and operational risk assessment, overcollateralization and cash flows capable of withstanding S&P Global Ratings-calculated loss assumptions, sufficient liquidity, and market position characteristics that are stronger than the national housing market," said...

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