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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations

COMMUNITY ACTION PROGRAM FOR MADISON COUNTY, INC.

September 16, 2004

Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ISS
Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, DC 20429-9990

Re: RIN 3064-AC50

Gentlemen Re RIN 3064-AC50:

The Community Action Program for Madison County, Inc. has made a difference in our rural county due to strengthening partnerships with the banking industry because of the Community Reinvestment Act. Even with the CRA it can be a challenge. Our agency assisted 284 low – income families to realize home ownership since 1994 and could not have achieved this outcome without the CRA motivating our lenders to participate.

I strongly oppose the proposed rule changing the Community Reinvestment Act regulations. The changes proposed will sabotage rural communities and thwart the partnerships built that benefit our low and moderate income families.

Please do not adopt this rule.

Stacy AIvord, MSW
Executive Director
Community Action Program for Madison County
3 East MainStreet
Morrisville, NY 13408
 
Last Updated 10/04/2004 regs@fdic.gov

Last Updated: August 4, 2024