New York, November 23, 2016 -- Moody's Investors Service has assigned A1/ VMIG 1 rating to City and County of San Francisco Variable Rate Multifamily Housing Revenue Bonds (Transbay Block 8 Tower Apartments) 2016 Series H-1, 2016 Series H-2, 2016 Series H-3 and 2016 Series H-4 (collectively the Bonds) in conjunction with the issuance of a letter of credit (LOC) provided by Bank of China Limited (the Bank).

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