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$50 Million Community Finance Innovation Fund
Request for Ideas (RFI)

In March, the Citi Foundation announced a $50 million 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 Request for Ideas, the Foundation solicited 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.

The deadline to submit an idea to the Fund has passed. All organizations that submitted an idea by the deadline will receive a notification from the Foundation by July 2022.