FDIC Federal Register Citations

From: Hazel Morrow-Jones [mailto:morrow-jones.1@osu.edu]
Sent: Tuesday, October 19, 2004 7:28 PM
To: Comments
Subject: CRA "streamlining"

I am writing to tell you that I am strongly opposed to the proposed
quadrupling of the CRA threshold for financial institutions. At a time
when the US needs more affordable housing, not less, this would be a
serious blow. In addition, now is not the time to weaken oversight of
financial institutions -- consider the recent series of serious missteps by
corporate America. Low income Americans and their communities deserve the
protection of the full CRA, not a gutted version of it.

Hazel A. Morrow-Jones, Ph.D.
Associate Professor
Graduate Program Chair and Internship Coordinator
City and Regional Planning, Austin E. Knowlton School of Architecture Associate Director, Center for Urban and Regional Analysis The Ohio State University 229 Knowlton Hall 275 W. Woodruff Ave. Columbus, OH