The 'AAA/A-1+' ratings on Colorado Housing and Finance Authority's (CHFA) class I adjustable rate single-family mortgage bonds parity resolution, established in 2001, and class I adjustable rate multifamily project bonds parity resolution, established in 2000, were affirmed following the lowered rating of American International Group Inc. (AIG) to 'AA+' from 'AAA'. Two series under CHFA's multifamily indenture and three series under CHFA's single-family indenture have swaps with AIG Financial Products. Since Standard&Poor's Ratings Services' minimum rating for swap counterparties on swap-dependent transactions is 'A', the rating on these issues is not affected at this time. In addition, AIG is an investment agreement provider on three series of bonds within CHFA's single-family resolution. Standard&Poor's has determined that
