S&P Global Ratings assigned its 'AAA/A-1+' dual rating to the Colorado Housing&Finance Authority's (CHFA) single-family mortgage class I adjustable-rate bonds 2024 series G-2, with an expected par amount of $37 million. The outlook is stable. Bonds issued within the single-family mortgage bond (SFMB) program, including the 2024 series G-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 I obligations. The 2024 series G-2 bonds are being issued as variable-rate demand obligations and will receive enhancement in the form of a standby bond
