The Citi Foundation has issued a $15 million open request for proposals (RFP) aimed at supporting Community Development Financial Institutions (CDFIs) serving small businesses owned by people of color and low- and moderate-income individuals and communities.

The Citi Foundation seeks to award unrestricted grant support of up to $500,000 to select CDFIs working in the following geographies: Arizona, California, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Kentucky, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, Ohio, Puerto Rico, South Dakota, Tennessee, Texas, Virginia, and Washington, D.C.