S&P Global Ratings assigned its 'A+' rating to EP Cimarron Ventanas PFC, Texas' approximately $70.1 million series 2024 residential development revenue refunding bonds (HOME Essential Function Housing Program [Lifestyles at Los Paseos and Lifestyles on the Reserve Project]). At the same time, S&P Global Ratings affirmed its 'A+' issuer credit rating (ICR) on Housing Authority of the City of El Paso (EP HOME) and its 'A+' rating the authority's bonds outstanding. The outlook is stable. EP Cimarron Ventanas PFC is a nonprofit public facility corporation organized under applicable Texas state law created for the purpose of issuing bonds to finance certain affordable housing projects of EP HOME. The series 2024 residential development revenue refunding bond proceeds will be used to