Total capital committed through the Open Call to scale affordable homeownership solutions nationwide.
Submitted by community leaders and innovators from across the country, with nearly every state and U.S. territory engaging in the opportunity.
Expanding access to affordable homeownership for families across the country.
Meet the 10 finalists
Five winners will be selected in spring 2027

Location: Jackson, TN
Pairing zoning reform and builder incentives with down payment assistance to increase housing supply and connect first-time buyers with affordable homes.

Location: Eagle Butte, SD
Combining financial coaching, construction lending and mortgage readiness support to address barriers to homeownership on Tribal land through its “Cheyenne River Homeownership Navigator” project.

Location: Lansing, MI
Creating a statewide revolving loan fund that will use future tax revenue to provide upfront funding and technical assistance to community land trusts, expanding affordable homeownership for LMI families across Michigan.

Location: New York, NY
Expanding rental-to-ownership conversions and shared-ownership models to create more attainable pathways to homeownership in a high-cost housing market through its “Access to Equity” program.

Location: Jackson, MS
Helping Deep South renters in expiring Low-Income Housing Tax Credit properties become homeowners by pairing tenant-focused mortgages with homebuyer education.

Location: Lodge Grass, MT
Combining paid construction training, homebuyer coaching and matched savings and loan support to help Native Apsáalooke parents in recovery build and own their own homes on ancestral land.

Location: Chicago, IL
Scaling the Full Circle Homes program through regional learning labs and developing a multilingual companion app to help even more prospective buyers navigate complex paths to homeownership.

Location: Visalia, CA
Developing new flexible mortgage options and construction financing tools to reduce building costs by 20% and address interest-rate risk and limited access to capital in California’s San Joaquin Valley.

Location: Richmond, VA
Using innovative construction techniques, workforce development programs, mobile homebuyer services and down payment assistance to address limited housing supply and other homeownership challenges in rural Southside Virginia.

Location: St. Louis, MO
Combining accessible homebuyer finance tools, an innovative appraisal approach and lower development costs to address barriers to homeownership in North St. Louis, which has experienced historical disinvestment and a May 2025 tornado that severely reduced housing supply.
Scaling the impact: In their own words
"The Community Redevelopment Agency of Jackson, Inc. is excited to be selected as a finalist. Since our work began in 2010, we have transformed the area adjacent to the Jackson downtown area incorporating commercial, retail, and residential based on a theme of walkability and encouraging healthy behaviors. Our threefold approach to achieving pathways to home ownership throughout the City of Jackson includes policy (zoning) changes, builder and buyer incentives all designed to create and promote workforce housing, housing for young families and the ability of older adults to have affordable smaller housing options. We believe this threefold approach can be scaled and implemented throughout the City with current and developing partnerships."
"Four Bands Community Fund is honored to be selected as a finalist for Capital One's Scaling Pathways to Homeownership Open Call. We are excited for the opportunity to advance our innovative and collaborative model for scaling homeownership on tribal trust lands. If awarded, this investment by Capital One will add 125 homeownership units to Cheyenne River's housing stock, and that will be life-changing for many Lakota families for generations to come."
"Being named a finalist is an exciting opportunity to help make homeownership more affordable for families across Michigan. Community land trusts give families the chance to buy a home at an affordable price while keeping that home affordable for the next family, too. By turning future property tax revenue into funding today, this model can help more communities build affordable homes sooner. We’re excited to demonstrate how this approach can be scaled across Michigan."
“We are deeply grateful to Capital One Foundation and Lever for Change for recognizing Habitat NYC and Westchester as a Scaling Pathways to Homeownership finalist and for believing in the promise of our Access to Equity initiative. This opportunity brings us closer to helping more working families move from renting to owning by transforming existing housing into affordable, lasting pathways to ownership. By pairing rental-to-ownership conversions with shared-ownership models, we can help families build wealth, strengthen their communities and create an approach that other high-cost markets can adopt.”
“For a family that has rented the same home for 15 years, becoming its owner is more than a real estate transaction. It is a pathway to stability, equity and generational wealth. When renters are offered the chance to buy at a significant discount, limited savings or rigid underwriting should not stand in the way of that dream. HOPE's Y-16 Program provides tailored mortgage solutions that help long-term renters become homeowners. Being named a Capital One Scaling Pathways to Homeownership finalist shines a national spotlight on an innovative model with the potential to create wealth-building opportunities for thousands of families across the Deep South.”
"Being named a finalist fills our hearts with gratitude. As a grandmother who raised my grandchildren while my son struggled with addiction, I know that healing begins when we return to our values, our kinship and our responsibility to future generations. What we are building in Lodge Grass is more than a program — it is homes where children come first, built by the families who will live in them. We believe our model can help relatives everywhere reclaim stability, dignity and hope."
“We’re thrilled to be selected as a finalist for Capital One’s Scaling Pathways to Homeownership competition. For more than two decades, TRP has helped families navigate the path to homeownership with trusted guidance, practical tools and support rooted in community. Now, we have an opportunity to bring that model to more people — partnering with trusted partners organizations in new places and using technology to make the journey to homeownership more accessible. We believe what works in our community can open doors for families across Illinois and across the country.”
“We are honored to be selected as a finalist because it recognizes both the families we serve and the urgent need for new approaches to homeownership. For more than 60 years, Self‑Help Enterprises has helped working families build wealth and stability through homeownership, and Opening Doors takes that mission to the next level. By combining innovative mortgage solutions with lower-cost construction methods, we can create a model that not only works in California’s San Joaquin Valley but can be replicated across the country to help thousands more families achieve the dream of owning a home.”
"We’re honored to be recognized as a finalist for the Scaling Pathways to Homeownership initiative because building houses, families and communities is at the heart of our work. Across rural Southern Virginia, we’ve seen how access to high-quality, affordable housing can strengthen communities and improve lives. We’re proud of the difference we have made so far in Emporia, VA, and we’re excited about the potential to expand our work so that hundreds more families across the region can gain the benefits of a safe, decent, affordable place to call home."
"St. Louis Community Foundation is proud of the Bring St. Louis Home team and its expertise in neighborhood development, innovative financing, and community engagement. Our partners have successfully tested each component of this project. The Scaling Pathways to Homeownership funding allows us to bring these elements together to pilot, then scale, a coordinated set of tools. We will leverage this opportunity to continue to innovate, not only to help St. Louisans purchase homes, but also to rebuild St. Louis’ disinvested neighborhoods."
More on our Open Call and community impact

Announcing Finalists for $25M Homeownership
Open Call
Ten organizations selected to advance community-driven solutions expanding affordable homeownership across the country.

Community Benefits Plan Hub
At Capital One, we believe real change starts where it matters most: in our communities.