From: Don Oglesby
Sent: Monday, August 23, 2004 11:53 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
Homes of Hope is
a 501-c-3 non profit affordable housing provider in the upstate area
of South
Carolina. The Community Reinvestment
Act is a critical component to our community’s affordable housing
and community development solutions. We oppose any increase to the
threshold of what is considered to be small bank. The proposed FDIC
rule would exempt many of our community’s critical partners
from the effective and productive requirements currently in place.
We urge FDIC to withdraw its proposed rule.
Don Oglesby
Executive Director
Homes of Hope
864-269-4663