Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Federal Register Publications

FDIC Federal Register Citations



Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations




FDIC Federal Register Citations

CDC Association of Greater Houston

From: Faheem Hameed [mailto:fhameed@cdcagh.org]
Sent: Wednesday, October 20, 2004 5:06 PM
To: Comments
Cc: info
Subject: SPAM::Opposition to CRA

Dear Mr. Feldman:

I am a representative of the CDC Association of Greater Houston and am strongly opposed to your proposal to significantly weaken the CRA. You propose much easier CRA requirements for banks between $250 million and $1 billion in assets. This proposal will result in much fewer homes and small business loans to low- and moderate-income borrowers and much fewer community development loans and investments in low- and moderate-income communities. In addition, you propose that all FDIC-supervised banks can earn CRA points by financing community development projects that benefits affluent residents in rural areas, instead of low- and moderate-income consumers and communities in rural America. This is directly contrary to CRA's focus on meeting credit needs of low- and moderate-income communities. In sum, your proposal to change the CRA regulation will result in much fewer loans, investments, and branches in low and moderate-income communities. Please withdraw your harmful proposal.

Sincerely,

Faheem Hameed
Executive Director
CDC Association of Greater Houston
5445 Almeda Road
Houston, TX 77004


Last Updated 11/11/2004 regs@fdic.gov

Last Updated: August 4, 2024