From: Jose Cortez [mailto:Jose.Cortez@cplc.org]
Sent: Monday, September 20, 2004 7:05 PM
To: Comments
Subject: Community Reinvestment - RIN 3064-AC50
Chicanos Por La Causa (CPLC) is the only CDC in the state of Arizona
that offers extensive services in urban and rural areas. Our service
delivery system is expansive enough to effectively reach 150,000
low-income people annually. CPLC also recognizes that economic development
is essential to the well being of the entire community. This is why
banks should continue providing assistance to low and moderate income
people and/communities.
As President/CEO of CPLC, I strongly oppose the proposed rule changes
in the Community Reinvestment Act (RIN 3064-AC50). This action will
do a great deal of harm to rural communities.
Pete Garcia
President/CEO
Chicanos Por La Causa
1112 E. Buckeye Rd.
Phoenix, Arizona
