From: Terry Carter [mailto:tcarter@centuryhousing.org]
Sent: Wednesday, September 15, 2004 11:57 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
Any changes to the Community Reinvestment Act that would *decrease*
instead of *expand* lending opportunities for underserved communities
would be a regrettable step backward. Please consider carefully the
impact on community development before making changes; please ensure
that changes to these regulations strengthen and streamline the CRA
rather than weaken it. Regulations should be enacted which ensure
continued access to financial products despite a move away from brick-and-mortar
institutions to online alternatives.
Sincerely,
Terry Carter,
Product Development Coordinator,
Fund Development & Marketing
Culver City, California
