Foundation / Corporation
05/24/22 4:00 PM EST
Grants to USA nonprofit organizations to further the field of community development finance. Funding is intended to promote growth among community development financial institutions (CDFIs) across the country. Eligible proposals are those with the potential to be implemented on a regional or national scale, and that impact low- and moderate-income and underserved communities.
The Citi Foundation seeks innovative ideas to advance the field of community development finance, specifically affecting CDFIs, in the United States. The Citi Foundation has announced a RFI to support the next level of growth for Community Development Financial Institutions (CDFIs) to catalyze and expand their work in building assets and wealth for low-income and diverse communities.
Through this national RFI, the Foundation aims to solicit breakthrough innovations to advance the field of community development finance in four key areas: human capital and talent development; financial and risk-sharing models; technology and operational efficiencies; and thought leadership and research. For more information about these four areas, see https://www.citigroup.com/citi/foundation/programs/cfi/data/cfi_faq.pdf?ieNocache=886#page=3.
GrantWatch ID#: 202539
The Foundation anticipates it will ultimately provide grant support to 10-20 ideas as part of the $50MM Community Finance Innovation Fund.
The Foundation anticipates that the amount of funding for each idea will vary depending on the scope and scale of the ideas submitted.
USA: Alabama; Alaska; Arizona; Arkansas; California; Colorado; Connecticut; Delaware; Florida; Georgia; Hawaii; Idaho; Illinois; Indiana; Iowa; Kansas; Kentucky; Louisiana; Maine; Maryland; Massachusetts; Michigan; Minnesota; Mississippi; Missouri; Montana; Nebraska; Nevada; New Hampshire; New Jersey; New Mexico; New York City; New York; North Carolina; North Dakota; Ohio; Oklahoma; Oregon; Pennsylvania; Rhode Island; South Carolina; South Dakota; Tennessee; Texas; Utah; Vermont; Virginia; Washington, DC; Washington; West Virginia; Wisconsin; Wyoming
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