From: Carol Cohen
Sent: Friday, September 10, 2004 11:07 AM
To: Comments
Subject: RIN#3064-AC50
Mr. Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 17th St. NW 20429
RE: RIN 3064-AC50
Dear Mr. Feldman:
I am a concerned citizen opposed to the loosening of the CRA (Community
Reinvestment Act) requirements for mid-sized banks. CRA is vital
for increasing homeownership and economic development in lower-income
communities. The proposed changes will halt the progress that has
been made.
Community development is an essential building block for stable
communities, families and our country as a whole, especially during
this time when federal dollars have been cut dramatically in support
of affordable housing.
Community development acts as a catalyst to improving conditions
and lessening poverty in low-income communities.
Please do not allow CRA requirements to be lessened.
Sincerely,
Carol Cohen
1280 E. Foxcrest Ct.
Park City, Utah 84098
