Federal Deposit
Insurance Corporation

From: Lucinda Flowers [mailto:lflowers@nondc.org]
Sent: Tuesday, October 19, 2004 3:18 PM
To: Comments
Subject: Oppose Efforts to Weaken CRA RIN number 3064-AC50

Lucinda Flowers
NONDC -- 1055 St. Charles Ave.
New Orleans, LA 70130

October 19, 2004

Federal Deposit Insurance Commission

Dear Federal Deposit Insurance Commission:

I agree with the National Congress for Community Economic Development that the proposed proposed change in the comprehensive CRA exam would be devastating for affordable housing and community development investment throughout the nation, particularly in rural areas. In Louisiana alone, we understand that with this change ONLY FOUR depository institutions would still be covered by the three-part CRA exam. This could leave low- and moderate-income Louisianians out in the cold when it comes to vital investments and services that CRA has supported.

Please rescind your proposal.

Sincerely,
Lucinda A. Flowers