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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations


From: Stevedarley@aol.com [mailto:Stevedarley@aol.com]
Sent: Thursday, September 16, 2004 4:32 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

Good Afternoon
I am writing to oppose the FDIC's proposal to allow banks with assets above $250 million to be treated the same as smaller banks under the Community Reinvestment Act. The construction industry and particularly smaller contractors which specialize in smaller more affordable projects need the larger banks to be responsive to our lending needs. We do work in low income communities and try to provide affordable housing opportunities in suburban areas. We do not want to see any rule promulgated which would reduce the incentives of lenders to invest in affordable housing in low income communities.

Stephen Darley
New Haven Construction Corporation
780 East Main Street
Branford, CT 06405

Last Updated 09/20/2004 regs@fdic.gov

Last Updated: August 4, 2024