From: Cleghorn, David [mailto:dcleghorn@nkcdc.org]
Sent: Friday, September 17, 2004 2:32 PM
To: Comments
Subject: RIN 3064-AC50
Dear Mr. Feldman:
I am a concerned citizen strongly opposed to your proposal to significantly
weaken the Community Reinvestment Act (CRA). You propose much easier
CRA requirements for banks between $250 million and $1 billion in
assets. This proposal will result in much fewer home and small business
loans to low- and moderate-income borrowers and much fewer community
development loans, investments and branches in low- and moderate-income
communities. Please withdraw your harmful proposal.
Sincerely,
David Cleghorn
6432 Woodcrest Avenue
Philadelphia, PA