New York, November 15, 2016 -- Moody's Investors Service has assigned Aaa rating to the credit enhanced California Statewide Communities Development Authority Multifamily Housing Refunding Revenue Bonds (Crystal View apartments Project), 2004 Series A (the Bonds) in connection with conversion of the interest rate from weekly mode to initial index rate mode and issuance of the Amended and Restated Direct Pay Irrevocable Transferable Credit Enhancement Instrument (CEI) from Fannie Mae to support the Bonds.

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