The Citi Foundation supports urban transformation initiatives that build vibrant cities and offer economic opportunities for low-income residents. We support partnerships among local governments, community-based organizations, the private sector, and research institutions that are tackling the challenges faced by cities to improve municipal effectiveness and infrastructure, create affordable housing, promote environmental sustainability, and offer more economic opportunities and better services to low-income residents. We encourage the use of data and technology to understand challenges and gaps, identify opportunities for improvements in cities, and direct the use of limited resources to maximize impact.
Increases in urban-focused initiatives that contribute to the economic progress and/or environmental sustainability of low-income individuals and communities.
Urban Institute Center for Housing Finance Research and Policy Learn more
The Citi Foundation is the inaugural funder of the Urban Institute Housing Finance Policy Center, which aims to be the pre-eminent source of high-quality housing market data and independent policy analysis. The Center will produce information critical to understanding the housing finance system, from loan origination through the international capital markets, to how changes at one stage of the process have wide-ranging implications that affect returns to global investors as well as the stability of communities. The Center's research will leverage single-family finance data from a range of sources to produce comprehensive, nuanced analyses that provide clarity on complex issues. This information will thoroughly inform government, private lenders, investors, consumers, households and communities that are ultimate beneficiaries of the housing finance system. With access to a panoply of relevant data sources, the Center is well-positioned to provide timely and relevant analyses that will inform evidence-based discussion of policy options between industry, advocates, academics, and policymakers and help foster sound public policy, efficient markets and economic opportunity.
Investing in What Works for America's Communities Learn more
"Investing in What Works for America's Communities" is a book that examines what we can learn from the history of community development and provides innovative ideas for working with new partners, creating new financing tools, and leveraging new technologies to bring opportunities to America's struggling communities. Published by the Federal Reserve Bank of San Francisco and the Low Income Investment Fund (LIIF) with funding from the Citi Foundation, this collection of essays calls on leaders from the public, private, and nonprofit sectors to build on what we know is working to move the needle on poverty. The list of authors represents a broad range of sectors including federal agencies, philanthropy, housing, academia, health, and the private sector. Since its publication in September 2012, "Investing in What Works" has struck a chord in the field of community development and beyond. In 2013, the Citi Foundation collaborated with LIIF and the Federal Reserve to enhance the dialogue through a national book tour. Further, the Foundation, in partnership with LIIF, launched "Partners in Progress," a re-granting program based on the idea that the best community development is holistic and multidisciplinary but, to be successful, requires a "quarterback" in communities who can articulate a vision, marshal funding sources, and align the work of the many partners it takes to execute a vision. In December 2013, the Citi Foundation awarded a total of $3.25 MM to 13 organizations. Over the course of 2014 the Citi Foundation and LIIF will facilitate a year-long learning community to allow these grantees to become stronger organizations, serving as resources for their peers and the field.