From: Santo
Gairo [mailto:sgairo@bchg.org]
Sent: Monday, October 04, 2004 2:05 PM
To: Comments
Subject: CRA activities
I am the director of a private, non-profit housing organization
that works with homeless families and other lower income people.
Our goal is to assist each family to develop a plan that leads to
self-reliance. It has been our 24 year history that banks can play
an important part of the family's transformation. However, it is
our experience that without CRA requirements banks would opt out
of providing what services they can provide to the community. I do
not want to see any changes in those regulations. All banks, especially
those that serve smaller communities, should be held to the standrds
set by current CRA regulations.
