Overview
- Citi unveiled a five-year, $60+ billion Blueprint for Housing Opportunity to create or preserve at least 250,000 homes through acquisition, construction, rehabilitation and financing.
- The effort directs capital to single-family homes, developments with supportive services and lower-cost rentals in high-cost markets.
- The Citi Foundation will award $50 million in housing-focused grants, beginning with a $1 million award to the Center for Affordable Housing Lending.
- Citi will pair funding with policy advocacy, backing improvements to the Low-Income Housing Tax Credit and urging steps that make LIHTC investments more liquid for investors.
- The rollout coincides with the president’s State of the Union, which emphasized affordability and asked Congress to codify his order limiting large firms’ single-family purchases, and it follows Citi’s $32 billion in affordable multifamily lending over the past five years including $7.6 billion in 2025.