From: Barbara Brooks [mailto:BBrooks@ccht.org]
Sent: Wednesday, September 15, 2004 10:08 AM
To: Comments
Subject: proposed change re: Community Reinvestment
Once again, the government speaks with forked tongue. On one hand we
have HUD and on the other hand we have proposed changes which make it
almost impossible for affordable housing developers to continue to
exist, let alone create more housing units (and we know the need is
great!). Instead of creating barriers, make things easier or at least
keep them the same, not more difficult. In Minnesota, the number of
banks which would be required to meet the current reinvestment rules
would be reduced from 36 to 4. This puts an unequal burden on those four
banks, too. Please reconsider. Thank you.
Barbara Brooks
Resident Services Coordinator
Central Community Housing Trust
1625 Park
Minneapolis, MN 55404
612-341-3148x210
Fax. 341-4208
bbrooks@ccht.org
