The Citi Foundation has announced a $35 million Community Finance Initiative for 2026 aimed at strengthening household financial resilience across the United States. Through this initiative, 70 nonprofit organisations will each receive grants of $500,000 to support low-income communities facing mounting affordability pressures related to housing, food, childcare, and other essential costs. The programme recognises the critical role community-based organisations play in helping families manage immediate financial stress while building long-term stability.
The announcement comes amid growing evidence of financial vulnerability among low-income Americans. Research cited by the Foundation shows that only a small share of low-income households feel financially secure, with many lacking sufficient savings to cover basic expenses for several months or confidence in meeting long-term financial goals. In response, the initiative will support nonprofits that help households manage day-to-day challenges, strengthen assets such as savings and credit, and protect against financial risks that can undermine progress.
The 2026 Community Finance Initiative will focus on stabilising households during periods of financial stress, strengthening their ability to build credit and financial assets, and safeguarding them from fraud, scams, and digital financial risks. By addressing both immediate needs and future resilience, the programme aims to help families better withstand economic shocks and access opportunities for upward mobility.
Citi Foundation leadership emphasised that while broader affordability challenges require policy solutions, community organisations are uniquely positioned to deliver practical, trusted financial health support at the local level. The initiative builds on the Foundation’s long-standing commitment to financial inclusion, volunteerism, and community engagement, including financial education efforts that promote savings and goal-setting.
Applications for the 2026 Community Finance Initiative are open to eligible nonprofits across the U.S., with submissions due by noon Eastern Time on February 18, 2026. Through this investment, the Citi Foundation aims to expand financial stability, safety, and opportunity for low-income households nationwide.
