From: lois_brunelle@yahoo.com [mailto:lois_brunelle@yahoo.com]
Sent: Thursday, September 23, 2004 3:44 PM
To: cra@ruralstrategies.org; Comments
Subject: Community Reinvestment - RIN 3064-AC50
Below is the result of your feedback form. It was submitted by
(lois_brunelle@yahoo.com) on Friday, September 24, 2004 at 05:44:26
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name: Lois P. Bunelle, SJC
address: 90 Brenton Rd.
city_st: Newport, RI
zipcode: 02840
I strongly oppose the proposed rule changes in the Community Reinvestment
Act (RIN 3064-AC50). This action will do harm to rural communities.
: 17 years of community development in a low-income housing development
project in southern West Virginia amply demonstrates the absolute
necessity of preserving CRA! Do NOT CARRY OUT THIS PROPOSAL WHICH
WOULD RESULT IN UNTOLD HARM TO POOR RURAL POPULATIONS. (By the way,
not one of our housing applicants ever defaulted on a loan!)