From: Beth Shinn
Sent: Saturday, August 28, 2004 3:35 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
As a researcher who studies homelessness, I know that the Community
Reinvestment Act has played a critical role in the development
of
affordable housing and community development. Thus I oppose the
proposed
increase to the threshold of what is considered as a small bank
subject to
CRA requirements. The proposed rule would weaken an effective weapon
in the
battle to end homelessness.
Beth Shinn
Professor of Psychology
New York University
6 Washington Place, Room 275
New York, NY 10003