The Citi Foundation has announced a $20 million Request for Proposal (RFP) initiative focused on helping nonprofit developers overcome barriers to building and preserving affordable housing.
The 2026 Housing Supply RFP is designed to help fund efforts to preserve existing affordable housing and advance pre-development work for new projects, including site evaluations, early design, engineering and appraisals. This is part of Citi’s Blueprint for Housing Opportunity initiative, where 20 nonprofit housing developers will each receive $1 million to help scale the supply of affordable homes in the communities that need them most.
“Philanthropic capital can be a powerful tool in helping affordable housing projects move faster and helping bridge the affordability gap facing Americans in communities large and small,” said Brandee McHale, president of the Citi Foundation and head of community investing and development at Citi. “Community-based nonprofit developers play an important role in moving affordable housing projects from ideation to completion, often covering upfront costs for years before projects are shovel-ready. Through these grants, the Foundation aims to support these supply-side champions and bring more housing to low-income communities across the country.”
The deadline for submissions is 12:00 pm EDT on July 1. More information is online at www.citifoundation.com/rfp.
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