Citi Foundation Awards $35 Million to 70 Community Organizations Helping U.S. Families Strengthen their Financial Well-Being

CBA has been selected as a recipient of the Citi Foundation’s 2026 Community Finance Initiative, receiving $500,000 in funding to support nonprofit lenders to incorporate open banking. We will be part of a nationwide group of organizations working to expand economic opportunity and help communities thrive across the U.S.

“We are thrilled to be a 2026 Community Finance Initiative recipient. This support will enable Credit Builders Alliance to expand access to our Open Banking service, helping nonprofit lenders use borrowers’ real-world cash flow data to make more informed lending decisions. By looking beyond traditional credit scores, the service can streamline the application process and help lenders identify qualified borrowers who may otherwise be overlooked because they have no or low credit scores” said Dara Duguay, CEO of Credit Builders Alliance. For more than a decade, the national nonprofit has piloted positive-only rent reporting programs across the U.S.