From: cindycurry53 [mailto:cindycurry53@email.msn.com]
Sent: Thursday, September 23, 2004 12:54 AM
To: Comments
Subject: RIN number 3064-AC50
To Whom It May Concern,
I am against raising the threshold definition of a small bank to $1 billion.
The Community Reinvestment Act is one of the programs that helps low income
and minority households become homeowners and have a piece of the American
dream. This proposal is nothing more than a loophole designed to allow banks
to dodge their CRA responsibility. Home ownership in low income and minority
areas is needed now more than ever, as the stock of affordable housing, especially
in Massachusetts, is shrinking, and rents are skyrocketing. Whatever happened
to the notion of working for the common good? It seems to have been replaced
by the "every person for themselves" mentality. This proposal is
just another way to help the rich get richer and make the poor get poorer.
Cynthia Curry
41 Independence St.
Plymouth, MA 02360
