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WESTMINSTER (COLO.) 'A' MULTIFAMILY HOUSING BONDS 1992 AFFIRMED BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, Jan. 18 /PRNewswire/ -- Westminster, Colo.'s $6.36 million 'A' multifamily housing revenue refunding bonds, series 1992 (Ironwood at the Ranch Project), are affirmed by Fitch.
 The rating reflects strong debt service coverage of 1.72 times, the quality of the property securing the bonds, and a $636,000 (10%) debt service reserve.
 Ironwood at the Ranch is a 226-unit garden-style multifamily complex located in Westminster, CO, just northwest of Denver.
 -0- 1/18/94
 /CONTACT: John Maffei of Fitch, 212-908-0649/


CO: ST: Colorado IN: SU: RTG

WB -- NY100 -- 2895 01/18/94 15:42 EST
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Publication:PR Newswire
Date:Jan 18, 1994
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