Standard & Poors assigned an issuer credit rating of A+ to the Colorado Housing and Finance Authority after a review of CHFA’s performance and financial condition. The rating is based on CHFA’s strong management, earnings, adequate equity position, good financial and asset management and low general obligation debt exposure. In citing the strength of CHFA’s asset base, S&P identified high quality insurance on mortgage loans and federal guarantees on business-development loans as enhancements to mortgage loan quality, as well as a very low delinquency rate.