From: Jenny Greenberg [mailto:greenberg@camdenwaterfront.com]
Sent: Thursday, September 23, 2004 4:37 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
The Community
Reinvestment Fund is critical to revitalizing disinvested communities
in the
United States. The federal government’s
policies have historically subsidized highway development which encouraged
suburban development at the expense of urban communities. At one
time federal policies also red-lined minority communities for federal
loan underwriting. These policies have helped to create the inexcusable
conditions which exist today in inner cities around the county. The
CRA is one of the most important ways to right this wrong. Do not
gut the Community Reinvestment Act!!
Jennifer Greenberg
205 Penn Street
Camden, NJ 08102