DHA’s Opportunity Rising Foundation receives $10,000 from Capital One

A financial holding company with a new five-year initiative to help “growth in underserved communities” is supporting DHA Housing Solutions for North Texas’ Opportunity Rising Foundation.

Capital One, which according to an Oct. 1, 2020 press release launched its $200 million, five-year commitment called “Capital One Impact Initiative,” is supporting Opportunity Rising with a $10,000 donation, a Jan. 4 press release said.

“The Capital One Impact Initiative is focused on creating a world where everyone has an equal opportunity to prosper by advocating for an inclusive society, building thriving communities and creating financial tools that enrich lives,” the Oct. 1, 2020, press release said.

Having provided approximately $1.5 million in scholarships to over 1,100 students since 1997, Opportunity Rising Foundation helps low-income people improve their lives through education, its website said.

“In addition to the scholarship program, the Opportunity Rising Foundation also provides internships working at DHA and affiliated companies, a mentorship program, life lessons in subjects like etiquette, and job interview skills,” the website said. “Our college tour program starts in middle school, so those students can visit college campuses and open their eyes to this new stage of life.”

The foundation’s goal is to help youth whose families receive “affordable housing assistance through DHA’s programs” receive an education that can help them advance towards self-sufficiency, the website said.

“The average estimated cost for tuition and expenses for Texas residents pursuing an undergraduate degree at an in-state school is $23,000-$40,000 per year,” the website said. “This is an investment that may feel unattainable for many of our residents and their children. The Opportunity Rising Foundation was created to help our families close this gap, by providing educational scholarships.”