S&P Global Ratings assigned its 'AA-' long-term rating to Colorado Housing and Finance Authority ?s (CHFA) general obligation bonds, series 2025. We also affirmed our 'AA-' issuer credit rating (ICR) on CHFA. The outlooks are stable. The series 2025 general obligation bonds will be used to finance loans to create new, affordable, income-restricted, for-sale housing within the State of Colorado. The bonds are general obligations of CHFA payable out of its revenue, and are being issued on a parity with other general obligations of CHFA. The bonds will be privately placed with the Colorado Department of the Treasury. An ICR reflects the obligor's general creditworthiness and its capacity and willingness to meet financial commitments when they come due. It does