Capital One joins BPC Council to advance affordable housing
This partnership advances Capital One's commitment to affordable housing initiatives for low-and-moderate income communities
Across the U.S., rising costs and limited supply have made housing affordability and access a critical challenge, creating barriers to financial well-being and stability. Addressing this requires innovative, cross-sector, and bipartisan collaboration. Through our public-private partnerships, Capital One leverages deep expertise to drive the scalable, sustainable progress needed to ensure stable housing is within reach for all.
Taking another hands-on step forward, Capital One joined the Bipartisan Policy Center’s (BPC) Executive Council for Housing Affordability. Gina Metrakas, Vice President and Head of Federal Advocacy within Capital One’s Global Policy Affairs Group, is now serving as Capital One's representative on the council, who will collaborate with other private-sector leaders to advance on-going, practical and bipartisan housing policy solutions.
Our collaboration with BPC is built on a joint desire for action. The Capital One Insights Center recently partnered with BPC and the U.S. Conference of Mayors on research that highlights how our country’s mayors are tackling housing supply shortages through creative, community-centric solutions. By combining policy expertise with research and data capabilities and findings, we can continue to uncover new ways to leverage public-private partnerships to help move the needle on affordability.
As one of the nation’s leading community development financing partners, Capital One is committed to supporting affordable housing. This is a core pillar of our broader Community Benefits Plans (CBP), which allocates over $35 billion over the next four years to finance affordable housing initiatives for low-and-moderate income communities.
From providing $2.9 billion to develop over 15,000 rental units in 2024, to launching a $25 million Scaling Pathways to Homeownership Open Call, Capital One is leaning into this work more than ever. Learn more about Capital One’s community development and affordable housing work by visiting capitalone.com/about/community/.