Standard&Poor's Ratings Services affirmed its 'AA+/A-1+' rating on Colorado Housing&Finance Authority's (Hamptons Project) multifamily housing revenue bonds series 1996G. The outlook is negative. The 'AA+' long-term component of the rating reflects our opinion of the likelihood that bondholders will receive debt service payments. The 'A-1+' short-term component of the rating reflects our opinion of the likelihood of payments for ongoing optional and mandatory tenders. The rating reflects our view of the following: The sufficiency of revenues from mortgage debt service payments and investment earnings to pay full and timely debt service on the bonds until maturity; The high credit quality of assets consisting of a Fannie Mae collateral agreement, which we consider 'AA+' eligible under our
