S&P Global Ratings affirmed its 'AAA' and 'AA+' long-term ratings on the Colorado Housing&Finance Authority's (CHFA) class I and class II multifamily project bonds (MFPBs), respectively. At the same time, we affirmed our 'AAA/A-1+' and 'AA+/A-1+' dual ratings on the authority's adjustable-rate class I and II bonds outstanding, respectively. The outlook, where applicable, is stable. Bonds issued under the MFPB master trust indenture (MTI), dated March 1, 2000, as amended, are secured by and payable from all the authority's rights and interest in and to the revenues, assets, and moneys pledged under the MTI. Specifically, obligations are secured by the revenues, loans and funds held in the debt service reserve fund (DSRF), the revenue fund, and the other
