Colorado Housing and Finance Authority's (CHFA) issuer credit rating is based upon the following factors: Strong and stable authority management, High profitability and earnings, An adequate equity position, Good financial and asset management, Low general obligation debt exposure, and A strong, diversified, and growing state economy. CHFA works to expand the availability and accessibility of affordable housing and promote economic development in Colorado through their various bond programs. Established by the Colorado General Assembly in 1973, CHFA has sold more than $4.13 billion in securities to finance housing for low- and moderate-income families and individuals and has provided almost $200 million in financing to small business in Colorado. In addition, CHFA's asset management division monitors and maintains rental housing and
