Federal Deposit
Insurance Corporation

From: Ken Griffith [mailto:KGriffith@drmp.com]
Sent: Wednesday, October 13, 2004 6:04 PM
To: Comments
Subject: Community Reinvestment Act (CRA) (69 FR 51611,

Dear FDIC:

I am saddened by the proposal to raise the threshold for full CRA compliance from $250 million to $1 billion. This would have devastating impacts on the amount of CRA assets available for lending to developers and builders of affordable housing, particularly in the more rural areas of this great country of ours. The reduction of available monies for affordable housing, coupled with increases that would be expected in interest and mortgage costs, would have drastic and crippling affects on the American dream of affordable home ownership effecting hundreds of thousands of Americans. Please keep the limit at 250 million.

Thank you for your consideration on this very important matter.

Sincerely,

Kenneth E. Griffith, AICP
Planning Manager
Dyer, Riddle, Mills & Precourt, Inc.
1404 Dean Street
Suite 201
Fort Myers, Florida 33901
(239) 344-0050 - Office
(239) 344-0057 - Fax
(239) 839-0844 - Cell