The 'A+' rating on Colorado Housing and Finance Authority's taxable GO series 1992A bonds was affirmed, reflecting the state's general credit characteristics, which include: A diversified and growing economy; Slightly above-average wealth and income levels; Low debt burden; and Improving financial position. The debt service reserve fund is fully funded at maximum annual debt service. The bonds were issued to finance a portion of the construction for the Denver Dry Goods Building, which was renovated to create space for a commercial tenant and affordable housing units. The bonds are secured by a moral obligation pledge of the state of Colorado. The stable outlook is based on the outlook for Colorado. Complete ratings information is available to subscribers of RatingsDirect, Standard
