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Citibank
Dear Community Partner:
As the first quarter comes to a close, I'd like to recap some significant strides we've made at Citi to help address the impact of the difficult economic environment facing individuals, families and communities. Since the beginning of 2009, the Citi Foundation awarded community development organizations in 20 communities $100,000 Partners in Progress grants, totaling $2 million; we launched the Unemployment Assist Program — expanding our help for at-risk homeowners; initiated a foreclosure moratorium — to help homeowners keep their homes; and joined a group of leading credit card issuers and payments networks to launch "Help With My Credit" — an initiative that includes a toll-free telephone service designed to assist and educate consumers who are struggling to make their credit card payments.
Further, we published our first quarterly TARP report — a progress report on how Citi is deploying TARP funds; released the 4th Quarter 2008 Mortgage Lending Data Report; and convened a U.S. Citi Dialogue with national partners and organized local dialogues in Baltimore, New York, Los Angeles and San Francisco.
Attached is our quarterly update which provides further details on our activities. Your feedback and support have been instrumental in shaping our programs, products and services.
I look forward to hearing from you and continuing our work together.
Sincerely,
Chi K. Tran
