FDIC Federal Register Citations

People's Self-Help Housing

From: PSHH [mailto:pshh@ekns.net]
Sent: Tuesday, September 21, 2004 8:32 AM
To: Comments
Cc: Gina Chamberlain
Subject: Proposed CRA changes

Attention: Comments/Legal ISS
Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, DC 20429-9990

RE: RIN 3064-AC50

As the Executive Director of a nonprofit housing corporation in rural Kentucky, I strongly oppose the proposed rule changing the floor for serious CRA exams on services, investment and lending from $250 million to $1 billion. Over the years, the CRA has provided opportunities to address community needs in Lewis County, needs that would have been unmet if not for the CRA requirements and a progressive local bank.

In my opinion, changing the requirements will undermine our community. Please do not adopt this rule.

Thank you,

Dave Kreher
Executive Director
People's Self-Help Housing, Inc.
Rt. 3 Box 34
Vanceburg, KY