S&P Global Ratings assigned its 'AAA/A-1+' dual rating to Colorado Housing and Finance Authority (CHFA)'s anticipated $24.46 million series 2025K multi-family mortgage class I adjustable-rate bonds. The outlook is stable. CHICAGO (S&P Global Ratings) Dec. 8, 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 state's low- to moderate-income residents. We believe factors such as income, unemployment, and housing supply could affect program demand, which we consider in our market position assessment, but our assessment is neutral since state metrics in these areas are stronger than the national average. In addition, we view environmental and governance risks for the program
