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.