FDIC Federal Register Citations
Wesley
Housing Development Corporation of Northern Virginia
From: crocabado@whdc.org [mailto:crocabado@whdc.org]
Sent: Thursday, October 14, 2004 9:47 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
10/14/04 9:47:16 AM
Mr. Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 17th St. NW
Washington, DC 20429
RE: RIN 3064-AC50
Dear Mr. Feldman:
I am writing to request that you to withdraw your proposed changes to
the Community Reinvestment Act (CRA) regulations. My organization,
Wesley Housing Development Corporation of Northern Virginia, knows
firsthand that the CRA has been instrumental
in increasing homeownership, boosting economic development, and
expanding small businesses in the nation’s low- and moderate-income
communities.
Mr. Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 17 th St. NW
Washington, DC 20429
RE: RIN 3064 -AC50
Dear Mr. Feldman:
I am writing to request that you to withdraw your proposed changes to the
Community Reinvestment Act (CRA) regulations. My organization, Wesley
Housing Development Corporation of Northern Virginia, knows firsthand that
the CRA has been instrumental in increasing homeownership, boosting
economic development, and expanding small businesses in the nation’s
low-
and moderate-income communities.
The proposed FDIC rule
would exempt many of our community’s key financial
partners from the effective and productive requirements currently in
place. We oppose any increase to the threshold of what is considered to
be
a small bank, and we urge the FDIC to withdraw its proposed rule.
Sincerely,
Carol Mayo Rocabado
Wesley Housing Development Corporation
The proposed FDIC rule would exempt many of our community’s key
financial partners from the effective and productive requirements
currently in place. We oppose any increase to the threshold of what
is considered to be a small bank,and we urge the FDIC withdraw its
proposed rule Sincerely,
Carol M Rocabado
Wesley Housing Development Corporation of Northern Virginia
5515 Cherokee Avenue
Suite 204
Alexandria, VA 22310
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