Standard&Poor's Ratings Services assigned its 'A+/A-1' rating to Illinois Finance Authority's variable-rate demand multifamily housing revenue refunding bonds, series 2012A, issued on behalf of Concordia Place Apartments L.P. The 'A+' long-term component of the rating is based on the issuer credit rating (ICR) of BMO Harris Bank N.A., which has entered into an irrevocable transferable letter of credit (LOC) with the trustee, and reflects our opinion of the likelihood that bondholders will receive principal and interest payments when due if they do not exercise the put option. The 'A-1' short-term component of the rating is based on the LOC provider's short-term ICR and reflects our opinion of the likelihood that bondholders will receive principal and interest payments if
