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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations


Jamaica Plain Neighborhood Development Corporation

From: Jen Faigel [mailto:jfaigel@jpndc.org]
Sent: Friday, September 17, 2004 11:17 AM
To: Comments
Subject: Community Reinvestment Act

The Jamaica Plain Neighborhood Development Corporation of Massachusetts would like to express our strong opposition to the FDIC's proposal to allow banks with assets over $250 million to be examined as "small banks" under the Community Reinvestment Act.
The Community Reinvestment Act has been essential to our work in providing affordable housing and supportive services to low-income families. Such a change in policy would severely threaten our work and only exacerbate the already substantial need for lending, investments and services in low-income communities.

We urge the FDIC not to amend Community Reinvestment 12 CFR Part 345.

Jennifer Faigel, Community Development Director
Jamaica Plain Neighborhood Development Corporation
31 Germania Street
Jamaica Plain, MA
Last Updated 09/21/2004 regs@fdic.gov

Last Updated: August 4, 2024