Colorado Housing and Finance Authority; Multifamily Whole Loan

S&P Global Ratings raised its long-term rating to 'AA+' from 'AA' on the Colorado Housing and Finance Authority's (CHFA) Class II bonds outstanding. At the same time, S&P Global Ratings assigned its 'AAA' long-term rating to the CHFA's multifamily/project Class I bonds (CHFA headquarters building project), series 2016A-1 (federally taxable) and 2016A-2 (non-AMT). Finally, S&P Global Ratings affirmed its 'AAA' long-term rating on CHFA's Class I bonds outstanding under the multifamily/project resolution. The outlook is stable. The rating action on the Class II bonds is based on the improvement in asset-to-liability parity and loss coverage. The ratings reflect the application of our affordable multifamily housing criteria published June 19, 2014 on RatingsDirect. The ratings also reflect our view of: CHFA's

...S&P Global Ratings raised its long-term rating to '##+' from '##' on the Colorado Housing and Finance Authority's (CHFA) Class II bonds outstanding. At the same time, S&P Global Ratings assigned its '###' long-term rating to the CHFA's multifamily/project Class I bonds (CHFA headquarters building project), series 2016A-1 (federally taxable) and 2016A-2 (non-AMT). Finally, S&P Global Ratings affirmed its '###' long-term rating on CHFA's Class I bonds outstanding under the multifamily/project resolution. The outlook is stable. The rating action on the Class II bonds is based on the improvement in asset-to-liability parity and loss coverage. The ratings reflect the application of our affordable multifamily housing criteria published June 19, 2014 on RatingsDirect. The ratings also reflect our view of:...

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