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Citi Community Capital
Citi Community Capital is a bank / wealth / trust based in New York, founded 2000; the Altss profile covers its classification, headquarters, registration, AUM...
Citi Community Capital
Citi Community Capital, the community development lending and investing group of Citi, offers the industry
General information
Firm type
Bank / Wealth / Trust
Year founded
2000
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Sector focus
Frequently asked questions
Is Citi Community Capital a separate entity from Citigroup?
No. Citi Community Capital is a division within Citigroup's broader institutional banking and municipal finance franchise. It operates using Citi's balance sheet, credit ratings, and agency relationships rather than as a standalone fund or subsidiary with independently managed capital.
What types of financing does Citi Community Capital provide?
The group provides construction and bridge loans, permanent fixed-rate mortgages, tax-exempt bond credit enhancement, and agency executions through Fannie Mae, Freddie Mac, and HUD/FHA. Deals typically involve affordable multifamily rental properties financed with Low-Income Housing Tax Credits, Section 8 subsidies, or state-level affordable-housing mandates.
Does Citi Community Capital invest equity or only lend?
Citi Community Capital is primarily a lending platform. It originates and services mortgage debt. Equity investment in LIHTC properties typically flows through Citi's separate tax-credit investment arm, Citi Community Capital Advisors, which syndicates equity from institutional investors into affordable-housing funds.
How large are the deals Citi Community Capital typically finances?
Transactions generally fall between $5 million and $100 million per asset, reflecting the economics of affordable multifamily development in major US markets. The group participates as sole lender, syndicate agent, or agency delegated underwriter depending on deal size, capital stack complexity, and borrower relationship.
How does Citi Community Capital source its transactions?
Sourcing relies on Citi's broader institutional banking relationships with large for-profit and nonprofit affordable-housing developers, public housing authorities, and state housing finance agencies. Longstanding agency-approval relationships — particularly Fannie Mae DUS and Freddie Mac Optigo — also generate repeat flow from borrowers seeking delegated underwriting.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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