From: Julie
DeSmith [mailto:jdesmith@ywcaclarkcounty.org]
Sent: Friday, September 17, 2004 1:19 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
As a director of a very small nonprofit low income community housing
development agency, I rely on the investment of local banks to support
the
work we do. The banks are the final beneficiaries of the work as
we enable
families to regain their footing in our community, open bank accounts
and
purchase homes.
Community reinvestment is a simple, yet vital, means of involving
financial
institutions of all sizes in the work of ending homelessness and
revitalizing
our community. I oppose allowing smaller banks to opt out of their
commitment to families.
