S&P Global Ratings assigned its 'AA+/A-1+' rating to the Colorado Housing&Finance Authority's (CHFA) approximately $33.53 million series 2022 L-2 single-family mortgage class II adjustable-rate bonds. The outlook is stable. Bonds issued within the single-family mortgage bond (SFMB) program, including the class II adjustable rate 2022 series L-2 bonds, 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 2022 L-2 bonds are being issued as variable-rate demand obligations and will receive enhancement in the form of a standby-bond purchase
