Citi Foundation Supports Organizations Tackling Homelessness
Citi Foundation Advances Anti-Homelessness Solutions
The Citi Foundation has selected nine community organizations across the United States to participate in its 2024 Global Innovation Challenge. This initiative aims to pilot or expand local solutions addressing the critical issue of homelessness. By joining a cohort of 50 global organizations, these selected entities are set to benefit from a total of $25 million in funding aimed at tackling this pressing issue that affects many communities.
The recent report from the Department of Housing and Urban Development highlights the severity of homelessness, indicating a troubling 12% increase over the past year. With over 653,000 individuals experiencing homelessness on a single night, the need for effective intervention is urgent. The Citi Foundation understands that ensuring access to safe and affordable housing is integral to enhancing the overall well-being of families and communities.
"Homelessness poses one of the most significant challenges in our society," comments Edward Skyler, Citi Head of Enterprise Services and Public Affairs and Chair of the Citi Foundation. He emphasizes that impactful interventions remain scarce, making the Foundation's investment in these innovative organizations crucial. The 2024 Global Innovation Challenge reflects a commitment to fostering new ideas and solutions that can create lasting change.
Selected Community Organizations and Their Initiatives
The organizations chosen were determined through a rigorous selection process designed to amplify community impact in major regions such as Chicago, New York City, Washington, D.C., Northern California, Southern California, and South Florida. The Citi Foundation took note of the diverse proposals aimed at effectively addressing homelessness, which showcases the unique challenges faced by communities around the country.
DignityMoves
DignityMoves is on a mission to provide scalable and cost-effective interim supportive housing throughout California. Utilizing prefabricated modular construction and trauma-informed design, they tackle the structural hurdles of homelessness.
HELP USA
In the Bronx, HELP USA is introducing a web-based data management platform intended to enhance the capacity, efficiency, and accessibility of homelessness prevention programs.
Los Angeles LGBT Center
This organization focuses on educating LGBTQIA+ youth and older adults about securing permanent housing, while also strengthening community support through partnerships.
Miami Homes For All
Miami Homes For All aims to reduce youth homelessness by creating a comprehensive affordable housing database, connecting families with housing units and offering financial education services.
Mission Action
Mission Action is pioneering a partnership with public schools in San Francisco, providing families access to emergency housing and essential support services.
N Street Village
This organization is focusing on the specific needs of aging women experiencing homelessness in Washington, D.C., providing mental health support and best practice identification.
The Community Builders
In Chicago, The Community Builders are training navigators with lived experiences to assist previously homeless individuals in accessing supportive services.
The Doe Fund
The Doe Fund is expanding job training programs and career support for individuals transitioning out of homelessness in various supportive housing facilities across New York City.
The YMCA of Greater New York
In Queens, this YMCA is focusing on enhanced services like financial coaching and job training, especially tailored to meet the diverse needs of the local community, including Spanish speakers and individuals impacted by HIV/AIDS.
The implementation of these programs is geared to commence over the next two years, with grantees invited to join a learning community cultivated by IDEO.org. This initiative provides a platform for organizations to forge connections and share valuable insights and practices.
Brandee McHale, President of the Citi Foundation, highlights the need for innovative community-specific solutions. She notes that acknowledging the factors contributing to ongoing homelessness, particularly the challenge of affordable housing, is vital. Each grantee reflects a commitment to addressing these needs with the aim of providing long-term solutions.
Impact of the Citi Foundation
This recent initiative underscores the Citi Foundation's dedication to enhancing housing security in the U.S. Notably, Citi has been recognized for 14 consecutive years as a leading affordable housing lender. This recognition has enabled numerous housing developers to advance projects designed to increase affordable housing availability.
Moreover, through the Citi Impact Fund, innovative startups and organizations with promising housing solutions are receiving financial support. The ongoing development of programs aimed at helping communities access the resources needed for new housing solutions demonstrates the Foundation's unwavering commitment to addressing homelessness.
Frequently Asked Questions
What is the aim of the Citi Foundation's Global Innovation Challenge?
The challenge aims to support community organizations in developing sustainable solutions to combat homelessness through funding and resources.
How many organizations were selected for this challenge?
A total of nine community organizations across the U.S. were selected to participate in the 2024 Global Innovation Challenge.
What types of projects do the selected organizations pursue?
The projects vary widely, including initiatives for scalable supportive housing, data management for prevention programs, and job training for formerly homeless individuals.
How does the Citi Foundation support these organizations?
The Citi Foundation provides financial grants, access to a learning community, and strategic partnerships to enhance the impact of these organizations.
What is the long-term vision of the Citi Foundation regarding housing solutions?
The Foundation envisions a world where affordable housing is accessible to all, contributing to healthier, more stable communities nationwide.
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