Results tagged as "mike corbat"

  • Returning to our Roots in Lower Manhattan

    By Michael Corbat, CEO, Citi October 10, 2017 11:00 AM

    On Tuesday, October 3rd, I was proud to join hundreds of our colleagues to open the new public plaza in front of our global headquarters at 388 Greenwich Street in Lower Manhattan. We were honored to be joined by a color guard from the Marine Reserves during a stirring rendition of the National Anthem by a talented Citi colleague who was accompanied by the Stuyvesant High School choir. And we welcomed remarks from a number of community partners, business leaders and public officials, including New York City Deputy Mayor for Housing and Economic Development Alicia Glen, New York State Assemblymember Deborah Glick and Chair of Community Board 1 Anthony Notaro.

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  • In Sioux Falls, Citi Marks 20 Years as a Leader in Affordable Housing

    By Mary Entinger, Executive Director, CitiHousing, Inc. August 02, 2013 10:12 AM

    Access to safe, stable and affordable housing is a key component of livable communities. And while that work is ongoing, yesterday in Sioux Falls, South Dakota, Citi CEO Mike Corbat joined local employees and partners to celebrate CitiHousing's 20-year record of innovative community problem-solving for low- and moderate-income families, our seniors, the homeless and people with disabilities.

    Since 1993, CitiHousing has been increasing both the quantity and the quality of affordable housing here in South Dakota. The organization has provided more than $119 million in equity funding, helping to build or renovate nearly 2,700 units of affordable housing in Sioux Falls and 16 other local communities. Thanks to CitiHousing and the commitment of our partners in the private, public, and nonprofit sectors - many of whom joined us today - hundreds of South Dakota families now have the kind of housing they need and deserve.

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  • Following Hurricane Sandy, Citi is trying to help by doing its Part

    By Mike Corbat, Chief Executive Officer, Citi November 06, 2012 09:11 AM

    Hurricane Sandy exacted an enormous toll on the Mid-Atlantic and Northeast, decimating neighborhoods, destroying livelihoods, and, most tragically, taking lives. Since our founding 200 years ago, Citi has been proud to support the communities we serve, especially our hometown of New York City and during the past week, we reinforced this commitment by joining our neighbors in extending assistance to those in need.

    In the immediate aftermath of the storm, the Citi Foundation donated $1 million to the American Red Cross to support post-Sandy relief and recovery efforts. The $1 million donation supplements a $500,000 grant that the Citi Foundation provides to the Red Cross every year to support the organization's relief activities. Citi has also contributed to organizations focused on local relief and recovery efforts, including the Staten Island-based Stephen Siller Tunnel to Towers Foundation. We also enabled Citi ThankYou® Rewards members to use their points to make donations to the Red Cross at www.thankyou.com.

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