HOUSING DEVELOPMENT CORPORATION OF THE CLINCH VALLEY
From: Steve Seifried [mailto:seifried@hdcclinchvalley.org]
Sent: Wednesday, September 01, 2004 8:31 AM
To: Comments
Subject: CRA regulation proposals for smaller and rural banks
I work in affordable housing within rural east Tennessee.
Please record my opinion that current CRA limits of $250B for lenders
required to live under CRA should remain and not be increased.
Local lenders have been very willing to invest in many of our
efforts, and it is my thought they would be less willing given any
changes to CRA as currently in place.
Thanks for your attention in this matter.
Housing Development Corporation of the Clinch Valley
Steve Seifried, Executive Director
P.O. Box 5713, 795 Main Street, West, 2nd Floor
Oak Ridge, Tennessee 37831
telephone 865/482-7345
facsimile 865/220-8645
www.hdcclinchvalley.org
