“At Capital One, we consider that protected, inexpensive housing is the muse for monetary and financial success — unlocking alternatives to save lots of, construct wealth and obtain lasting monetary resilience,” Metrakas mentioned in an announcement.
“I’m excited to affix BPC’s Government Council for Housing Affordability and to work alongside bipartisan leaders throughout the housing ecosystem to raise not simply housing options, however robust pathways for households and communities to thrive.”
The Government Council for Housing Affordability convenes firms to share insights from their group work and contribute to coverage discussions associated to housing provide, affordability and entry.
“Capital One has been a valued companion in our housing work, together with our annual housing summit, and we’re thrilled to welcome Gina as a consultant to the council,” mentioned Dennis Shea, govt vp and chair of the BPC’s Terwilliger Middle for Housing Coverage.
“The Government Council is designed to harness the experience and vitality of private-sector leaders who’re involved about rising housing prices.
“We sit up for working extra carefully with Capital One to advance bipartisan solutions that increase housing alternative and enhance affordability.”
Metrakas leads Capital One’s federal coverage and advocacy efforts throughout areas together with banking, client and enterprise lending, housing and group improvement, in addition to synthetic intelligence and financial crime.
Throughout her 14 years at HUD, she served as chief working officer and chief of workers. She’s additionally held roles at Quicken Loans, the Nationwide Housing Convention and the NYU Furman Middle.
By way of its Group Advantages Plan, Capital One has dedicated greater than $35 billion over 5 years to finance inexpensive housing.
In 2024, the corporate mentioned it supplied $2.9 billion to help the event of 15,000-plus inexpensive rental items.It additionally lately launched a $25 million Scaling Pathways to Homeownership Open Name geared toward increasing entry to inexpensive homeownership nationwide.
