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FDIC Federal Register Citations From: smith@ahcinc.org [mailto:smith@ahcinc.org] Sent: Thursday, October 14, 2004 10:09 AM To: Comments Subject: Community Reinvestment -- RIN 3064-AC50 Mr. Robert E. Feldman Dear Mr. Feldman: I am writing to request that you to withdraw your proposed changes to the Community Reinvestment Act (CRA) regulations. My organization, AHC, Inc., knows firsthand that the CRA has been instrumental in increasing homeownership, boosting economic development, and expanding small businesses in the nation’s low- and moderate-income communities. Mr. Robert E. Feldman RE: RIN 3064 -AC50 Dear Mr. Feldman: I am writing to request that you to withdraw your proposed changes to the Community Reinvestment Act (CRA) regulations. My organization, AHC, Inc., knows firsthand that the CRA has been instrumental in increasing homeownership, boosting economic development, and expanding small businesses in the nation’s low- and moderate-income communities. The proposed FDIC rule would exempt many of our community’s key financial partners from the effective and productive requirements currently in place. We oppose any increase to the threshold of what is considered to be a small bank, and we urge the FDIC to withdraw its proposed rule. Sincerely, The proposed FDIC rule would exempt many of our community’s key financial partners from the effective and productive requirements currently in place. We oppose any increase to the threshold of what is considered to be a small bank,and we urge the FDIC withdraw its proposed rule Sincerely, Steve Smith
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| Last Updated 11/02/2004 | regs@fdic.gov | |