NEW YORK (Standard&Poor's CreditWire) July 20, 1999-- Standard&Poor's today assigned its double-'A'-plus rating to Colorado Housing and Finance Authority's $5.58 million multifamily housing insured mortgage revenue bonds series 1999B. Standard&Poor's also affirmed its double-'A'-plus rating on the authority's $435 million multifamily housing insured mortgage revenue bonds general bond resolution. The rating on the series 1999B bonds and the general resolution reflects: -- The strength of the FHA-insured mortgage loans under the parity resolution, as evidenced by the strong performance of the consolidated cash flows; -- Stand-alone 1999B cash flows demonstrating sufficient revenues to cover all debt service payments and expenses; -- Mortgage loan insurance for the 1999B bonds under sections 542(c) of the National
