COALITION FOR NONPROFIT
HOUSING & ECONOMIC DEVELOPMENT
From: Bob Pohlman [mailto:bpohlman@cnhed.org]
Sent: Thursday, September 16, 2004 6:27 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
The Coalition for Nonprofit Housing & Economic Development, a
membership organization which includes 73 nonprofit organizations,
opposes the FDIC's proposal to allow banks with assets above $250
million to be examined as small banks under the Community Reinvestment
Act. This policy would have a detrimental effect on lending, investments
and services in low-income and distressed neighborhoods.
Robert Pohlman, Executive Director
Coalition for Nonprofit Housing & Economic Development
1432 U Street, NW
1st Floor Annex
Washington, DC 20009
Phone: (202) 745-0902
Fax: (202) 745-0898
Email: bpohlman@cnhed.org
