From: dlmoo@hotmail.com
[mailto:dlmoo@hotmail.com]
Sent: Thursday, September 23, 2004 3:12 PM
To: cra@ruralstrategies.org; Comments
Subject: SPAM::Community Reinvestment - RIN 3064-AC50
name: Lynne Moo
address: 4463 Gibson
city_st: St. Louis, MO
zipcode: 63110
I strongly oppose the proposed rule changes in the Community
Reinvestment Act (RIN 3064-AC50). This action will do harm to rural
communities. : I strongly oppose the proposed rule changes in the
Community Reinvestment Act (RIN 3064-AC50). As a community development
professional, I have seen countless neighborhoods where the support of
financial institutions really led to the success of the development. Too
many communities are neither safe nor decent places to live in America,
and the required support of our financial institutions goes a long way
toward fixing those problems. The history of redlining and
discrimination has led to the segregation of our society and the
disintegration of our cities. It is wholly appropriate that members of
the banking community should now help fund new progress. The proposed
changes to the Community Reinvestment Act will decrease the amount of
money being invested in urban and rural neighborhoods, and directly harm
those communities.
