From: Noel Ryder [mailto:nryder@lakeshorecap.org]
Sent: Thursday, September 16, 2004 10:28 AM
To: Comments
Subject: CRA Changes
I am writing in response to the proposed changes to the Community
Reinvestment Act which are currently under discussion. It is my belief
that these changes would roll back the progress which has been made in
gaining the commitment of local banks to support low income ownership
projects, low to moderate rental housing development, and some economic
development activities. It is the requirement of the CRA in it's current
form which has caused local lenders to participate in these projects.
I urge you to retain the CRA provisions as they currently exist.