Federal Deposit
Insurance Corporation

West Side Neighborhood Housing Services

From: Linda Chiarenza [mailto:lchiarenza@wsnhs.org]
Sent: Monday, October 18, 2004 3:07 PM
To: Comments
Subject: CRA

As the Executive Director of West Side Neighborhood Housing Services, Inc, a not for profit housing agency, I am very concerned and strongly opposed to your proposal to significantly weaken the Community Reinvestment Act (CRA). We are seeing a positive change in our neighborhoods as a direct result of working with banks following the guidlelines of the CRA. In conclusion, all of your proposals will result in fewer loans and investments in low to moderate income communities. Please withdraw your harmful proposal.

I thank you in advance for any cosideration you may show my request,

Linda Chiarenza E.D.
West Side NHS
359 Connecticut Street
Buffalo, NY