NEW YORK (S&P Global Ratings) July 12, 2018--S&P Global Ratings lowered its rating on the Fort Benning Family Community LLC related custodial receipts, related to Fort Benning Family Communities LLC, Ga.'s military housing taxable revenue bonds, to 'BBB+' from 'A'. This rating action follows S&P Global Ratings' action on the underlying bonds on June 18, 2018. (Please see the article, titled "Fort Benning Family Communities LLC, GA Series 2006 Class III Revenue Bond Rating Lowered To 'BBB+ (sf)' From 'A (sf)'," published June 18, 2018, on RatingsDirect.) The rating on the custodial receipts reflects the rating on the underlying bonds. Changes to the rating on these receipts could result from, among other things, changes to the rating on the underlying