The rating on Cuyahoga County, Ohio's adjustable-rate multifamily housing refunding bonds (National Terminal Apartments project) series 1999A has been raised to 'AA-/A-1+' from 'A+/A-1' and removed from CreditWatch with positive implications. This action follows Standard&Poor's Ratings Services April 1, 2004, upgrade of Fleet National Bank to 'AA-/A-1+' from 'A+/A-1' and its removal from CreditWatch with positive implications where it was placed Oct. 27, 2003. The letter of credit support has been extended to Oct. 21, 2004. Complete ratings information is available to subscribers of RatingsDirect, Standard&Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard&Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the
