Affordable Homeownership
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Capital One, Capital One Foundation, and Lever for Change Announce $25M Open Call to Expand Pathways to Homeownership
Businesswire· 2025-10-29 14:00
Core Insights - Capital One, in collaboration with the Capital One Foundation and Lever for Change, has launched a $25 million initiative called Scaling Pathways to Homeownership aimed at enhancing access to affordable homeownership in the United States [1] - This initiative is part of Capital One's broader five-year Community Benefits Plan, which totals $265 billion and was developed following its acquisition of Discover [1] Company Initiatives - The $25 million Open Call seeks to identify and support innovative solutions that can expand affordable homeownership options [1] - The Community Benefits Plan includes commitments to create affordable housing and promote resilience within communities [1]
LGI Homes Returns to Rio Rancho, NM, with the Grand Opening of Estrella at High Range
Globenewswire· 2025-09-22 12:00
Core Insights - LGI Homes, Inc. has announced the Grand Opening of Estrella at High Range, featuring 337 new single-family homes in Rio Rancho, New Mexico [1][2] - The new section builds on the company's previous success in the area, having delivered over 230 homes since 2015 [2] - The homes will start in the $350,000 range, offering upgraded and affordable options in a desirable location [4] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its founding in 2003 [8][10] - The company has been recognized for its quality construction and customer service, earning a spot on Newsweek's list of the World's Most Trustworthy Companies [8] Community Features - Estrella at High Range will include five brand-new floor plans, with features such as stucco exteriors, large covered patios, and modern kitchens with Whirlpool® appliances [4][5] - The community will also offer a new five-acre park with various amenities, funded by a $2 million investment from LGI Homes [6] Location Benefits - The development is situated within the award-winning Rio Rancho Public School District, providing access to top-rated schools and major employers [5] - Residents will benefit from proximity to shopping, dining, and recreational opportunities in both Rio Rancho and nearby Albuquerque [5] Grand Opening Event - The Grand Opening event is scheduled for September 27, 2025, featuring exclusive discounts and incentives for homebuyers [7]