Summary: Colorado Housing&Finance Authority; Multifamily Whole Loan - S&P Global Ratings’ Credit Research

Summary: Colorado Housing&Finance Authority; Multifamily Whole Loan

Summary: Colorado Housing&Finance Authority; Multifamily Whole Loan - S&P Global Ratings’ Credit Research
Summary: Colorado Housing&Finance Authority; Multifamily Whole Loan
Published Mar 16, 2023
9 pages (3288 words) — Published Mar 16, 2023
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AAA/A-1+' dual rating to the Colorado Housing&Finance Authority's (CHFA) class I 2020 series A-1 remarketed bonds, issued under the multifamily project bond (MFPB) indenture. At the same time, we affirmed our 'AAA' and 'AA+' long-term ratings on CHFA's class I and class II bonds outstanding under the MFPB indenture, respectively. In addition, we affirmed our 'AAA/A-1+' and 'AA+/A-1+' dual ratings on CHFA's class I and class II adjustable-rate MFPB bonds, respectively. The outlook, where applicable, is stable. Proceeds of 2020 series A bonds, along with other available funds, were used to fund a loan that financed a portion of the acquisition, construction, rehabilitation and equipping of a 253-unit rental housing facility providing independent

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '###/A-1+' dual rating to the Colorado Housing & Finance Authority's (CHFA) class I 2020 series A-1 remarketed bonds, issued under the multifamily project bond (MFPB) indenture. + At the same time, we affirmed our '###' and '##+' long-term ratings on CHFA's class I and class II bonds outstanding under the MFPB indenture, respectively. + In addition, we affirmed our '###/A-1+' and '##+/A-1+' dual ratings on CHFA's class I and class II adjustable-rate MFPB bonds, respectively. + The outlook, where applicable, is stable....

  
Report Type:

Summary

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Sector
Global Issuers, Public Finance
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Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Colorado Housing&Finance Authority; Multifamily Whole Loan" Mar 16, 2023. Alacra Store. May 19, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Colorado-Housing-Finance-Authority-Multifamily-Whole-Loan-2961115>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Colorado Housing&Finance Authority; Multifamily Whole Loan Mar 16, 2023. New York, NY: Alacra Store. Retrieved May 19, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Colorado-Housing-Finance-Authority-Multifamily-Whole-Loan-2961115>
  
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