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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations

CENTRAL COMMUNITY HOUSING TRUST

From: Barbara Brooks [mailto:BBrooks@ccht.org]
Sent: Wednesday, September 15, 2004 10:08 AM
To: Comments
Subject: proposed change re: Community Reinvestment

Once again, the government speaks with forked tongue. On one hand we have HUD and on the other hand we have proposed changes which make it almost impossible for affordable housing developers to continue to exist, let alone create more housing units (and we know the need is great!). Instead of creating barriers, make things easier or at least keep them the same, not more difficult. In Minnesota, the number of banks which would be required to meet the current reinvestment rules would be reduced from 36 to 4. This puts an unequal burden on those four banks, too. Please reconsider. Thank you.

Barbara Brooks
Resident Services Coordinator
Central Community Housing Trust
1625 Park
Minneapolis, MN 55404
612-341-3148x210
Fax. 341-4208
bbrooks@ccht.org
Last Updated 09/24/2004 regs@fdic.gov

Last Updated: August 4, 2024