Our Massachusetts Footprint
Our impact in Massachusetts starts with direct engagement in local communities.
In Quincy, Mass., in cooperation with MassHousing’s workforce housing initiative, Citigroup provided a $35 million construction loan to build a new apartment building that serves people with incomes too high for subsidized housing yet not high enough to afford the Boston area’s rental market. The project includes the largest number of workforce housing units ever financed under MassHousing’s initiative.
State Street and Bank of America are key partners in the Small Business Strong program, which launched in the spring of 2020 at the onset of the pandemic. Small Business Strong is a partnership created to help women and minority-owned small businesses navigate the devastating impacts of the COVID-19 pandemic by providing pro-bono resources to small businesses. These services are provided by a team of dedicated functional specialists and business advisers, and range from gaining better access to capital to consulting, business restructuring, business growth, digital marketing and customer engagement plans, at no cost to the small business owner. Read More
State Street in April 2021 announced its commitment to increase student opportunities for succeeding in college and to create paths to good-paying jobs with the awarding of $1.3 million in grants from the State Street Foundation for Early College programs. The grants will be directed to four Boston-area high schools: Quincy High School and North Quincy High School in Quincy and New Mission High School and Dearborn STEM Academy in Boston. Read More.