From: Sue Boss [mailto:sboss@ruralinc.org]
Sent: Thursday, September 16, 2004 2:29 PM
To: Comments
Subject: FDIC
Dear Mr. Feldman:
I am an employee of Rural Opportunities, Inc. and I strongly oppose
the proposal to significantly weaken the Community Reinvestment Act. The
proposal of easier CRA requirements for banks between $250 million to $
1 billion in assets would be harmful for many borrowers. It would result
in fewer home and small business loans and affect low to moderate income
buyers, not to mention have an adverse effect on community development
loans.
Please reconsider and withdraw this harmful proposal
Thank you for your time
Susan Boss
Sr. Grant/Program Administrator
Rural Opportunities, Inc.
