GEORGIA STATE TRADE ASSOCIATION OF NONPROFIT DEVELOPERS
From: Ken Knox [mailto:ken@gstand.org]
Sent: Monday, October 04, 2004 4:17 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-ACD50
This to to support comments sent previously asking that the FDIC
withdraw
the proposed rule to exempt many of our communities' critical partners
from
the effective and productive requirements currently in place. I have
attended conferences lately, with enlightened bankers, who tell us that
the
proposed new rule will significantly change the way their institutions
do
business. This comes from those who know what will happen internally and
are
friends to low-income affordable housing.
Ken Knox, Executive Director
G-STAND (Georgia State Trade Association of Nonprofit Developers).
678-808-4458