"At Capital One, we believe that safe, affordable housing is the foundation for financial and economic success—unlocking opportunities to save, build wealth and achieve lasting financial resilience. I'm excited to join BPC's Executive Council for Housing Affordability and to work alongside bipartisan leaders across the housing ecosystem to elevate not just housing solutions, but strong pathways for families and communities to thrive."
"The Executive Council is designed to harness the expertise and energy of private-sector leaders who are concerned about rising housing costs. We look forward to working more closely with Capital One to advance bipartisan solutions that expand housing opportunity and improve affordability."
"Through its Community Benefits Plan, Capital One has committed more than $35 billion over five years to finance affordable housing. In 2024, the company said it provided $2.9 billion to support the development of 15,000-plus affordable rental units."
Capital One has joined the Bipartisan Policy Center's Executive Council for Housing Affordability, with Gina Metrakas representing the company. The council convenes private-sector leaders to share community work insights and contribute to housing policy discussions. Capital One views safe, affordable housing as foundational to financial success and wealth-building. The company has committed over $35 billion through its Community Benefits Plan to finance affordable housing over five years. In 2024, Capital One provided $2.9 billion supporting development of 15,000-plus affordable rental units and launched a $25 million initiative to expand homeownership access. Metrakas brings extensive experience from 14 years at HUD and roles at housing-focused organizations.
#housing-affordability #bipartisan-policy #community-development #financial-resilience #affordable-housing-investment
Read at www.housingwire.com
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