A new chapter of community investment

The completion of Capital One’s acquisition of Discover is a historic milestone that marks the beginning of a new chapter for our company, our partners, and the communities we serve. 

At the heart of this next chapter for our communities is our $265 billion Community Benefits Plan. Developed in collaboration with leading community organizations, this five-year plan expands lending, investment, and services that advance economic opportunity and financial well-being across the country.

Through this plan, we will mobilize lending, investments, and financial services to:

• Enable greater access to safe and affordable housing

• Expand access to credit so small business owners can sustain and grow their businesses

• Increase access to credit for Low-to-Moderate income (LMI) consumers

• Build high-quality local infrastructure to facilitate the delivery of essential services, and

• Support the development of schools, civic centers, and healthcare facilities that are vital to building strong and vibrant communities

This plan is ambitious and deeply intentional. It was designed with flexibility in mind to meet the evolving needs of the communities we serve.

Capital One is in the early stages of implementation and will continue to engage with community partners, listen to local needs, and remain transparent about progress.

We will share updates on an annual basis each year beginning in the second quarter of 2026.

Has Capital One started deploying the $265 billion Community Benefits Plan?
Yes. The process of implementing the plan has begun, and will continue over the course of the next five years. 

Can I apply for funding now?
Our grant process for the CBP will follow our typical practice of always-on sourcing and relationship development, and we will only be accepting grant requests received by invitation. In select cases, we may supplement our approach with an open call or RFP process. Capital One’s approach recognizes the need to apply most of our funding against solutions that are driven locally at a market level supplemented. This is also supplemented with select partnerships with national organizations that have demonstrated ability to innovate and drive impact at scale.

When will more information be available?
This site will continue to be updated with new information on our commitments, partners, and progress.  EExisting and potential community partners are not required to take any new or additional action related to Capital One’s CBP. 

Has the plan changed since it was first announced?
Our Community Benefits Plan was designed to meet the needs of the communities and may evolve  as new needs are identified. We will publish ongoing updates to this website and share formal updates on an annual basis, starting in the second quarter of 2026.

Who can I contact if my organization has an idea or wants to share information about our work?
More information about the intake process will be available in the coming weeks. We continue to source ideas and opportunities through ongoing conversations with local leaders and our current community partners.

Can an organization receive funding in more than one Community Benefits Plan impact area?
Yes. Many organizations operate across multiple issue areas, and we recognize that their impact often spans more than one area of the Community Benefits Plan. Funding decisions are made based on the alignment of an organization’s work with the plan’s goals on a case by case basis.