NEW YORK (Standard&Poor's) April 5, 2011--Standard&Poor's Ratings Services corrected its rating on Michigan State Housing Development Authority's rental housing variable-rate revenue bonds series 2002A and 2002B to 'AA/A-1' from 'AA/A-1+'. The outlook is stable.<> [ramp_primary_org] org_id=1918 role_code=Obligor analyst_id=MXD mpn_count=2 issue_count=0 contact_count=2 [ramp_secondary_org] org_id= role_code= org_name= [ramp_contact_1] name=Alexander,Mikiyon phone=(1) 212-438-2083 [ramp_contact_2] name=Peguero,Beatriz phone=(1) 212-438-2164 [ramp_mpn_1] mpn_id=40337014 mpn_name=Michigan St Hsg Dev Auth rent hsg var rate rev bnds ser 2002A debt_amount=$191,580,000.00 rating_type=STDLONG rating=AA qualifier= split_rating=A-1 split_qualifier= rating_action=Lowered from_rating=AA/A-1+ outlook=STABLE outlook_action=Affirmed from_outlook=STABLE creditwatch=NA creditwatch_action= from_creditwatch=NA state=Michigan sector=Revenue - Housing issuer=Michigan St Hsg Dev Auth obligor=Michigan St Hsg Dev Auth insurer=MBIA Insurance Corp. [ramp_mpn_2] mpn_id=40129637 mpnRdName=Michigan St Hsg Dev Auth rental hsg VRDB ser 2002A B C mpn_name=Michigan St
