New York, February 24, 2026 — Citi has announced its Blueprint for Housing Opportunity initiative, a $60 billion five-year commitment aimed at increasing housing supply through the creation and preservation of at least 250,000 units across the United States.
As part of the initiative, the Citi Foundation will also deploy $50 million in philanthropic grants to non-profits addressing housing challenges and supporting financial health in communities, starting with a $1 million grant to the Center for Affordable Housing Lending.
The programme will focus on financing the acquisition, construction, rehabilitation and long-term funding of affordable housing, including developments for essential workers, lower-cost rental housing and projects with supportive services.
Citi said it will continue to support innovative companies addressing housing access through the Citi Impact Fund, while also advancing public policy efforts such as the Low-Income Housing Tax Credit programme to help expand housing supply.
The bank noted its long-standing role in affordable housing, having financed more than $32 billion in affordable multifamily housing over the past five years, including $7.6 billion in 2025.
Jane Fraser, Chief Executive Officer of Citi, said increasing housing supply is critical to addressing affordability challenges and supporting broader economic stability.
Citi added that it will continue working with policymakers, developers, non-profits and financial institutions to strengthen housing access and affordability across the country.
Source: Citi