From: Ann Courter [mailto:acourter@voices4kids.org]
Sent: Friday, September 17, 2004 4:24 PM
To: Comments
Subject: Oppose Efforts to Weaken CRA RIN number 3064-AC50
Ann Courter
208 S. LaSalle
Chicago, IL 60604
September 17, 2004
Federal Deposit Insurance Commission
Dear Federal Deposit Insurance Commission:
If the FDIC raises the comprehensive CRA exam threshold, the banks
and
thrift institutions that provided loans, services, and investments
to
enable low income communities to build new homes, businesses, and
community facilities, may no longer have an impetus to do so.
This proposed change could have a devastating effect on affordable
housing
and community development investment throughout Illinois, particularly
in
rural areas. For our children to thrive, their families must have
access
to stable, adequate housing and good jobs.
Please rescind your proposal.
Sincerely,
Ann Courter, Voices for Illinois Children
