Summary: Colorado Housing&Finance Authority; Multifamily Whole Loan

S&P Global Ratings assigned its 'AAA' long-term rating to Colorado Housing&Finance Authority's (CHFA) 2021 series C and D multi-family/project class I fixed rate bonds (non-AMT, and Federally Taxable, respectively). At the same time, S&P Global Ratings affirmed all long-term and various short-term ratings on debt outstanding under the multifamily/project resolution. The outlook, where applicable, is stable. According to preliminary transaction documents, the 2021 series C and D bonds (the bonds) will be issued with a par amount of $16.15 million and will bear interest at fixed rates as detailed in the official statement. Interest on the bonds will be payable on each April 1 and Oct. 1, starting on April 1, 2021. Proceeds of the bonds, along with

...S&P Global Ratings assigned its '###' long-term rating to Colorado Housing & Finance Authority's (CHFA) 2021 series C and D multi-family/project class I fixed rate bonds (non-AMT, and Federally Taxable, respectively). At the same time, S&P Global Ratings affirmed all long-term and various short-term ratings on debt outstanding under the multifamily/project resolution. The outlook, where applicable, is stable. According to preliminary transaction documents, the 2021 series C and D bonds (the bonds) will be issued with a par amount of $16.15 million and will bear interest at fixed rates as detailed in the official statement. Interest on the bonds will be payable on each April 1 and Oct. 1, starting on April 1, 2021. Proceeds of the bonds, along with other available funds, are expected to be used to fund loans to Atlantis Apartments II LLLP, made by CHFA pursuant to one or more loan agreements to finance the acquisition, construction, and equipping of an 84-unit rental housing facility located...

Summary