FDIC Federal Register Citations

From: Nat Case [mailto:nat.case@mindspring.com]
Sent: Sunday, September 19, 2004 3:12 PM
To: Comments
Subject: SPAM::RIN 3064-AC50, Community Reinvestment

Dear Mr. Feldman:

I am writing as a concerned citizen who volunteers with homeless and
prisoner populations. It seems to me that a national priority needs
to be helping low-income and otherwise troubled people find the means
to ownership and investment in property. By raising the bar for
stricter CRA requirements from $500 million to $1 billion, you will
certainly see a reduction in availability of small-business loans and
mortgage lending to low and moderate income users, who are of course
a worse credit risk to banks than affluent borrowers. If we are to
maintain a prosperous society that offers hope to the poor, we need
to keep programs like those enacted by the Community Reinvestment Act
strong. Please withdraw your proposed rule change.

Nat Case
701 27th Ave NE
Minneapolis, MN