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FDIC Federal Register Citations From: Lisha.Garcia@cityofmesa.org [mailto:Lisha.Garcia@cityofmesa.org]
It would be an unmitigated disaster and seriously affect local economies
if CRA provisions were in any way decreased. The banks should invest in the
communities where they make money. The banks that participate in CRA
activities in many cases provide access to funding through CDFI's and other
micro-lenders and Community Action Agencies to create employment and safe
decent sanitary housing and increase wealth in local jurisdictions. The lack
of these resources would hurt the ability of local government to serve small
businesses and local residents in important ways. Lisha Adela Garcia,
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Last Updated 11/12/2004 | regs@fdic.gov |