Standard&Poor's Ratings Services confirmed its 'AA/A-1' rating on Michigan State Housing Development Authority's series 2008A (AMT) rental housing revenue bonds due to the bank facility being extended to Dec. 30, 2012. The rating's long-term component is based on Michigan State Housing Development Authority. The rating's short-term component is based on JPMorgan Chase Bank N.A. Standard&Poor's also confirmed its 'AA/A-1' rating on Michigan State Housing Development Authority's series 2000A rental housing bonds due to the bank facility being extended to Dec. 30, 2012. The rating's long-term component is based on Michigan State Housing Development Authority. The rating's short-term component is based on JPMorgan Chase Bank N.A. The stable outlook reflects Standard&Poor's opinion of the outlook