S&P Global Ratings assigned its 'AAA' long-term rating to the Colorado Housing&Finance Authority's (CHFA) class I 2023 series N-1 single-family mortgage bonds (SFMBs), expected to have an aggregate par amount of $180 million. At the same time, we affirmed our 'AAA', 'AA+', and 'AA' long-term ratings and various short-term ratings on the authority's class I, class II, and class III bonds outstanding, respectively, under the SFMB indenture. The outlook, where applicable, is stable. Bonds issued within the SFMB program, including the 2023 series N-1 bonds, are issued by the authority pursuant to a master trust indenture (MTI), dated Oct. 1, 2001, as amended, and are special, limited obligations of the authority, payable solely from the revenues, assets, and