Standard&Poor's Ratings Services lowered its rating on Colorado Housing&Finance Authority's class I adjusted route multifamily project bonds series 2007B to 'AAA/A-1' from 'AAA/A-1+'. This action follows Standard&Poor's May 20, 2011, downgrade of its rating on Credit Agricole Corporate and Investment Bank to 'A+/A-1' from 'AA-/A-1+'. The stable outlook is based on the outlook of the obligor. USPF Criteria: Bank Liquidity Facilities, June 22, 2007