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From: kdmcmahon@charter.net
Sent: Friday, September 17, 2004 11:12 AM
To: Comments
Subject: RIN-3064-AC50

Robert E. Feldman
Executive Secretary|
Attention: Comments/Legal ISS
Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, DC 20429-9990.

Re: RIN 3064-AC50

Gentlemen Re RIN 3064-AC50:

I have been a City Planner for 25 years. In that time, I feel that the Community Reinvestment Act has been one of the most powerful tools in reviving neighborhoods. I have witnessed areas that were dying become vibrant again. They now contibute to the tax base instead of being a drain on budgets. This is a truly a program that has brought successful results all around the country.

I strongly oppose the proposed rule changing the Community Reinvestment Act regulations. In my opinion, it will really undermine rural communities. Please do not adopt this rule.

Respectfully,

Kathleen McMahon

 

Last Updated 09/17/2004 regs@fdic.gov

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