Citi Foundation

Citi Foundation"Congratulations! We are very pleased and honored to work with FCLF." - Barbara Romani, Vice President, CitiBank

The Florida Community Loan Fund improves low-income communities throughout Florida by providing flexible capital and technical assistance to non-profit and mission-focused for-profit organizations. Investors and supporters of FCLF include financial institutions, foundations, religious communities and orders of faith, corporations, federal and state government.

CitiBankLogoCitiBank and Citi Foundation have been supporters of FCLF since its earliest days. Since 1998, operating support, impact grants, and grants through the Partners in Progress program have helped FCLF reach our mission of having a significant impact on low-income communities. 

CitiBank has also offered volunteer support of the Florida Community Loan Fund through service on the Board of Directors and committees. Barbara Romani served on the Board and various standing committees from 1999 to 2004 (and as Chair in 2002-2003), and Peter McDougal served on the Board from 2005 to 2007 (and as Treasurer in 2006-2007).

Florida Community Loan Fund thanks CitiBank and Citi Foundation for their many years of partnership. Together we will continue to improve the low-income communities in Florida who would otherwise not be able to access much-needed flexible financing.


A statement from the Citi Foundation website reads:

At the Citi Foundation, our goal is to find successes, invest in them, and collaborate with our grantees to build an inclusive financial system. CDFIs serve as an anchor for our broader neighborhood revitalization strategy and our support complements Citi's broader efforts in this sector.

http://www.citigroup.com/citi/foundation/

FCLF Board c1999 300x200Pictured at right: A Florida Community Loan Fund Board of Directors from its early days, circa 1999, with representatives from all sectors of Florida Community Development, including CitiBank.

Components of Capital

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Cumulative Financing

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We work in communities whose residents struggle with unemployment, crime, lack of opportunity, and finding a home they can afford. FCLF provides us the capital we need to make homes affordable, and keep those homes affordable over time.
- Terri Murray, Executive Director, Neighborhood Renaissance

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