NY -- Standard&Poor's CreditWire 1/22/1999 – Standard&Poor's today affirmed its double-'A'-plus rating on Colorado Housing Finance Authority's $118.57 million single-family housing bonds series 1978A, 1980A and B, 1991A, 1995A, and 1996AA. In addition, Standard&Poor's withdrew its ratings on the authority's bonds (see list below). The rating reflects: -- The high credit quality of the mortgage loan collateral; -- Fully funded reserves providing adequate liquidity; -- The credit quality of investments held under the indenture; and -- The continuing strength of the cash flows, contributing to a solid asset-to-liability ratio of 118% on Sept. 30, 1998. The rating withdrawals reflect the fact that the bonds are no longer outstanding. On the outstanding bonds, which include
