New York, January 17, 2014 -- Moody's Investors Service, ("Moody's") downgrades to A2 from Aa1 the rating on $3,350,000 of Oak Ridge Industrial Development Bonds Multi-Family Housing Revenue Refunding Series 1998 A (GNMA Gardens-South Hill - Woodlands Apartments). This concludes the review which began on 9/30/2013.

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