Citi Donates $2M to Habitat Relief Program

Citigroup and the Citigroup Foundation have announced a $2 million grant to Habitat for Humanity International in support of "Operation Home Delivery," Habitat's program to provide housing for families displaced by Hurricane Katrina.Citigroup said the company, its employees, and the foundation have so far committed up to $10 million to hurricane disaster relief and recovery, and have been regular supporters of Habitat. "Since 1998, Citigroup has invested more than $16.8 million in zero-interest-rate mortgage programs that allow Habitat partner families to pay zero interest on their mortgage loans," said Kevin Kessinger, Citi's chief operations and technology officer. "Citigroup is the largest single investor in this program." The company can be found online at http://www.citigroup.com.