Federal Deposit
Insurance Corporation

From: Elizabeth Murphy [mailto:emurphy@cmbarchitects.com]
Sent: Wednesday, October 20, 2004 10:55 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

We are opposed to the FDIC proposal to "streamline" the Community Reinvestment requirements for banks. The FDIC proposal will harm low to moderate income communities, particularly in rural areas - and leave some states with /no/ CRA-covered institutions - by removing CRA obligations from as many as 1,300 insured depository institutions.

The Community Reinvestment Act supports historic preservation, the re-use of old or historic structures, redevelopment of downtowns, and housing (in the much needed low to moderate income areas). Of highest importance is that the CRA supports the concept of returning favor and interacting with the community in which the institutions are located.

Respectfully,
Elizabeth Corbin Murphy, FAIA

Chambers, Murphy & Burge Restoration Architects, Ltd.
43 East Market Street, Suite 201
Akron, Ohio 44308
Tel: 330 434 9300
Fax: 330 434 9331