Standard&Poor's Ratings Services confirmed its 'AA-/A-1+' rating on Maricopa County Industrial Development Authority, Ariz.'s series 2003A variable-rate multifamily housing revenue bonds, issued for Mesa Valley Housing Associates II LP, due to the bank facility being extended to June 24, 2018. The long-term and short-term components of the rating are based on the ratings on the letter of credit provider, Wells Fargo Bank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015