From: Mike Young [mailto:myoung@FLOCDC.ORG]
Sent: Friday, September 17, 2004 5:16 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
I am writing to register my opposition to the FDIC's proposal to
allow banks
with assets above $250 million to be examined as small banks under
the
Community Reinvestment Act. I am currently working to preserve affordable
housing and link low-income residents to new job opportunities in
our
neighborhood. Yesterday, I met with representatives from a lending
institution who is interested in investing in the community to meet
CRA
requirements. The FDIC's proposal would exclude this bank from CRA,
and I
am convinced that the proposal would reduce the lending, investments
and
services in our community.