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FDIC Federal Register Citations
I strongly oppose the proposed rule changes in the Community Reinvestment
Act, RIN 3064-AC50. This action will do harm to rural communities.
Affordable housing is a real crisis in much of the United States and rural
communities especially have sustained long-term economic stress. I was
raised on a farm in northwest Ohio and have seen firsthand both the stress
on the rural community and the good that the CRA can do. Enacting a rule
change that would make it more difficult for working poor people to obtain
affordable housing and community services seems illogical--why would a
federal agency want to further stress the economic health of a segment of
our country? Why would a federal agency want to force impoverished citizens
to turn to taxpayer-funded social services instead of wholistic community
development? The CRA has not cost me or other American taxpayers
anything--yet has made the country stronger for all of us. Please do NOT
enact proposed rule change RIN 3064-AC50. |
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Last Updated 11/22/2004 | regs@fdic.gov |