Standard&Poor's Ratings Services affirmed its 'AAA' long-term rating on North Carolina Medical Care Commission's (Providence Place Retirement Nursing Home) health facilities multifamily housing revenue bonds series 2001A and 2001B. The bonds are secured by a Ginnie Mae mortgage-backed security. The rating reflects our view of the following: The extremely high credit quality of the Ginnie Mae mortgage-backed security, which we consider to be 'AAA' eligible; The sufficiency of revenues from mortgage debt service payments and investment earnings to pay full and timely debt service on the bonds until maturity; Extremely strong investment quality; and An asset-to-liability ratio of 103.46% as of March 3, 2011. The revenue fund is invested pursuant to a guaranteed investment contract with IXIS Funding,
