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FDIC Federal Register Citations

OFFICEPLEASE FOUNDATION

From: Kathleen Daly [mailto:kmdaly@earthlink.net]
Sent: Monday, October 04, 2004 6:14 PM
To: Comments
Subject: Community Reinvestment Act (CRA)

Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ISS
Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, DC 20429-9990
Re: RIN 3064-AC50

Gentlemen:

I am writing to let you know, as a nonprofit technology provider to ruralcommunities, I strongly oppose the rule changing the Community ReinvestmentAct regulations. In my opinion, it will severely undermine the communities and people who need help the most.

The proposed changes directly oppose CRA's mandate to require lenders to meet community needs. CRA is too important to be gutted. Please drop your proposal like the two other federal agencies that recognized its harm to underserved communities. Please do not adopt this rule.

Respectfully,

Kathleen Daly
President
OfficePlease Foundation
2750 Trinity Road
Glen Ellen, CA 95442
Business: (707) 935.8268
Fax: (707) 935.3271
Mobile: (707) 479.1799
www.op-foundation.org

Last Updated 10/14/2004 regs@fdic.gov

Last Updated: August 4, 2024