Standard&Poor's Ratings Services removed its 'AAA/A-2' rating on the Colorado Housing and Finance Authority's class I adjustable rate multifamily project bonds, series 2006, from CreditWatch with negative implications. At the same time, Standard&Poor's affirmed the rating. The outlook is stable. The CreditWatch removal reflects the removal of Depfa Bank PLC from Credit Watch with negative implications. The stable outlook reflects our opinion of the strength of the mortgage collateral, adequate credit and liquidity coverage, and management's strong oversight.