Mayor Rawlings and Citi Announce Launch of a Public-private partnership in support of Neighbor Up

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FOR IMMEDIATE RELEASE
May 27, 2016

FOR MORE INFORMATION CONTACT
Patricia Blasquez
469.785.3391

MAYOR RAWLINGS AND CITI 
ANNOUNCE LAUNCH OF A PUBLIC-PRIVATE PARTNERSHIP
IN SUPPORT OF NEIGHBOR UP

DALLAS - Mayor Mike Rawlings and Citi Community Development announced today a public-private partnership in support of Neighbor Up. Citi is the title sponsor for the innovative nonprofit organization, providing $180,000 of the $500,000 raised by GrowSouth to identify and implement strategic plans and activities that will improve the quality of life in each area. 

“This partnership will show that entities can work together to make our city stronger, safer and more vibrant for all residents,” said Mayor Rawlings. “It represents the spirit of camaraderie that is needed to move neighborhoods forward, and I commend Citi Community Development for helping to make it a reality.”

The Neighbor Up nonprofit organization will focus on accelerating economic growth in three southern Dallas neighborhoods. It is part of Mayor Rawlings’ GrowSouth initiative, which is dedicated to strengthening neighborhoods and economic development in Southern Dallas. 

A general manager has been hired to work in each of the selected communities. Those Neighbor Up leaders are charged with identifying the key drivers of economic disparity in each community and working to streamline the services and resources necessary to address those challenges, including through development of a strategic neighborhood plan. 

 “According to data from FamilyAssetsCount.org, more than 50 percent of Dallas households are financially vulnerable,” said Debbie Taylor, U.S. Market Director for Citi Community Development. “This data reveals great opportunity to strengthen economic security for Dallas residents so that they can contribute to the city’s economic potential. By developing a holistic approach that brings together government, nonprofit and corporate partners, we aim to ensure that Dallas is able to unlock its full potential for robust and resilient economic growth.” 

About Neighbor Up

Neighbor Up is a 501(c)(3) collective impact nonprofit, convened to accelerate the GrowSouth vision and mobilize economic development in three target Southern Dallas neighborhoods. Neighbor Up will employ three general managers to work with the community in identifying strategic plans for actions and activities to improve quality of life in each neighborhood. Neighbor Up is a true public-private partnership that will leverage the unique power of collective action across sectors to generate change.  Additional information may be found at www.dallasgrowsouth.com

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com.