S&P Global Ratings assigned its 'AA+/A-1+' rating to the Colorado Housing and Finance Authority's (CHFA) series 2023 E-2 single-family mortgage class II adjustable-rate bonds with an expected par amount of approximately $33.91 million. The outlook is stable. Bonds issued within the single-family mortgage bond (SFMB) program, including the 2023 series E-2, are issued by the authority pursuant to a master trust indenture (MTI) dated Oct. 1, 2001, and are special, limited obligations of the authority, payable solely from the revenues, assets, and money pledged under the MTI on a parity basis with all other class II obligations outstanding. The series 2023 E-2 bonds are being issued as variable-rate demand obligations and will receive enhancement in the form of a standby-bond
