S&P Global Ratings assigned its 'AAA' long-term rating to the Colorado Housing&Finance Authority's (CHFA) series 2018 A-1 multi-family/project fixed rate class I bonds, and its 'AAA/A-1+' dual rating to CHFA's series 2018 A-2 adjustable rate class I bonds. Both series were issued under CHFA's master indenture of trust (master indenture) dated March 1, 2000. At the same time, S&P Global Ratings affirmed all of its other ratings on all outstanding class I and II bonds, respectively, under the indenture. Where applicable, the outlook is stable. The ratings reflect our view of the following credit strengths: CHFA's very strong strategy and management of the resolution; Extremely high loss coverage, based on the very strong overcollateralization available for both the