Colorado Housing&Finance Authority Class I 2025 Series A, B, C-1 Single-Family Mortgage Bonds Assigned 'AAA? Rating

ENGLEWOOD (S&P Global Ratings) Jan. 9, 2025--S&P Global Ratings assigned its 'AAA' long-term rating to the Colorado Housing&Finance Authority's (CHFA) class I 2025 series A, B, and C-1 single-family mortgage bonds (SFMBs), with an expected par amount of $109.65 million. At the same time, we affirmed our 'AAA', 'AA+', and 'AA' long-term ratings on the authority's class I, class II, and class III bonds, respectively, as well as our various dual ratings ('AAA/A-1+' and 'AAA/A-1' for class I, and 'AA+/A-1+' and 'AA+/A-1' for class II) on bonds outstanding under the SFMB indenture. The outlook, where applicable, is stable. "The ratings reflect our view of the program's legal framework, program management and operational risk assessment that we consider neutral,

...January 9, 2025 ENGLEWOOD (S&P Global Ratings) Jan. 9, 2025--S&P Global Ratings assigned its '###' long-term rating to the Colorado Housing & Finance Authority's (CHFA) class I 2025 series A, B, and C-1 single-family mortgage bonds (SFMBs), with an expected par amount of $109.65 million. At the same time, we affirmed our '###', '##+', and '##' long-term ratings on the authority's class I, class II, and class III bonds, respectively, as well as our various dual ratings ('###/A-1+' and '###/A-1' for class I, and '##+/A-1+' and '##+/A-1' for class II) on bonds outstanding under the SFMB indenture. The outlook, where applicable, is stable. "The ratings reflect our view of the program's legal framework, program management and operational risk assessment that we consider neutral, 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,"...

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