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 A and B multifamily/project class I fixed rate bonds (non-AMT, and Federally Taxable, respectively). At the same time, we withdrew our ratings on the 2020 series F and G bonds, which were never issued, and affirmed all long-term and various short-term ratings on debt outstanding under the multifamily/project resolution. The outlook, where applicable, is stable. We initially rated the bonds as 2020 series F and G in November 2020, following which bonds were not sold. According to preliminary transaction documents, the 2021 series A and B bonds (the bonds) will be issued with a par amount of $29.12 million and will bear interest

...S&P Global Ratings assigned its '###' long-term rating to Colorado Housing & Finance Authority's (CHFA) 2021 series A and B multifamily/project class I fixed rate bonds (non-AMT, and Federally Taxable, respectively). At the same time, we withdrew our ratings on the 2020 series F and G bonds, which were never issued, and affirmed all long-term and various short-term ratings on debt outstanding under the multifamily/project resolution. The outlook, where applicable, is stable. We initially rated the bonds as 2020 series F and G in November 2020, following which bonds were not sold. According to preliminary transaction documents, the 2021 series A and B bonds (the bonds) will be issued with a par amount of $29.12 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 Oct. 1, 2021. Proceeds of the bonds, along with other available funds, are expected to be used to fund loans to OPG Green...

Summary