Standard&Poor's Ratings Services affirmed its 'AA' rating on Fort Benning Family Communities LLC (Fort Benning Housing Privatization Project), Ga.'s military housing revenue class I bonds, its 'AA' rating on Fort Benning Family Communities LLC's class II bonds, and its 'AA-' rating on Fort Benning Family Communities LLC's class III bonds. The ratings reflect the following strengths: The high military essentiality of Fort Benning located at Columbus, Ga.; Fort Benning's subinstallation Camp Merrill is also considered highly essential, and is located approximately 180 miles northeast of Fort Benning in Dahlonega, Ga; The project has very strong quality assets supporting the bonds including a revenue stream that is derived from the federally appropriated basic allowance for housing (BAH) and demonstrated
