Community Finance
Improving communities across the country with sustainable solutions that support affordable housing needs and goals.
Together, with organizations in the affordable housing industry, Capital One is working to build inclusive, thriving, resident-centered communities that catalyze opportunity and promote well-being.
WHO WE SERVE
Building resident-centered communities
Our Community Finance provides capital in the form of debt and equity investments that finances properties developed primarily through the federal low income housing tax credit (LIHTC) program.
The Fortune Society: helping returning citizens thrive
We're proud to work with organizations like The Fortune Society located in New York City. Its mission is to foster a world where returning citizens have a chance to thrive, mainly through low-threshold access to supportive emergency, transitional and permanent housing.
Success Stories
Fortune’s Castle Gardens, New York
The Fortune Society developed a 114-unit mixed-use, property in the West Harlem neighborhood in New York City. 60 of the units are earmarked for justice-involved individuals facing being unhoused and their families, as well as households with low-income from West Harlem and the greater New York area. Capital One provided $39 million in capital.
The Fortune Society developed a 114-unit mixed-use, property in the West Harlem neighborhood in New York City. 60 of the units are earmarked for justice-involved individuals facing being unhoused and their families, as well as households with low-income from West Harlem and the greater New York area. Capital One provided $39 million in capital.
2023 Community Impact
14,000+ households benefited1
$2.3B+ invested1
RELATED SOLUTIONS
Agency Financing
Put the resources and expertise of a Top 10 Agency Lender to work, backed by a $50B+ agency origination portfolio2. From Fannie Mae to Freddie Mac and FHA, our dedicated team can help you navigate the agency successfully—and close on time.
Impact Initiative
The Capital One Impact Initiative is our $200 million, multi-year commitment to support growth in underserved communities and advance socioeconomic mobility by closing gaps in equity and opportunity.
FEATURED CONTENT
