SAN FRANCISCO (Standard&Poor's) Feb. 26, 2009--Standard&Poor's Ratings Services revised the outlook to negative from stable and affirmed its 'A+' issuer credit rating (ICR) on Colorado Housing and Finance Authority (CHFA), as well as the ratings on all debt supported by the authority's general obligation (GO) pledge. Standard&Poor's also revised the outlook on the authority's class I bonds, series 2006B-C, series 2007A, series 2006B-1, 2006B-3, and series 2006C-2, to stable and removed the ratings from CreditWatch with negative implications. "The negative outlook on the authority's ICR and GO-supported debt ratings reflects our opinion of CHFA's weak financial performance relative to its similarly rated peers and its medium-to-high risk profile," said Standard&Poor's credit analyst
