Research Update: Colorado Housing&Finance Authority Class I Series 2026H And 2026I-1 Single-Family Mortgage Bonds Assigned 'AAA' Rating

S&P Global Ratings assigned its 'AAA' long-term rating to the Colorado Housing and Finance Authority 's (CHFA) $40 million class I 2026 series H (non-AMT and social bonds) single-family mortgage bonds (SFMBs) and $130 million class I 2026 series I-1 (federally taxable and social bonds) SFMBs. At the same time, we affirmed our 'AAA', 'AA+', and 'AA' long-term ratings on the authority's class I, class II, and class III bonds, respectively, as well as our various dual ratings--'AAA/A-1+' and 'AAA/A-1' for class I, and 'AA+/A-1+' and 'AA+/A-1' for class II--on bonds outstanding under the SFMB indenture. The outlook, where applicable, is stable. Bonds issued within the SFMB program, including the 2026 series H and I, are issued by the authority

...MRB Program Rating Summary Class I Class II Class III Legal framework No cap No cap No cap Program management and operational risk No cap No cap No cap Cash flow analysis Overcollateralization ### ### ##+ Stressed cash flows ### ### ### Hedging risk No cap No cap No cap HFA general obligation pledge N/A N/A ## Anchor Anchor ### ### ##+ Modifiers and holistic analysis Liquidity reserves No modifier No modifier No modifier Market position No modifier No modifier No modifier Holistic analysis No modifier ...

Research Update