FHLBank Topeka is proud to announce $33.9 million in affordable housing grants for 2025. The grants through FHLBank Topeka’s Affordable Housing Program (AHP) are made in partnership with FHLBank Topeka’s member financial institutions and will help fund 31 projects. The successful applications will give 1,764 very low-, low- and moderate-income households a place to call home.
 
Each year, FHLBank Topeka allocates 10% of its prior year’s earnings to AHP. Nonprofit groups, for-profit developers, government agencies and public entities apply for the grants for rental and owner-occupied housing projects in partnership with an FHLBank member. AHP funding is often key to the success of a project and can attract additional funding to projects.

“Our members are at the heart of their communities and work closely with nonprofits and developers who are expanding safe, stable and affordable housing opportunities,” said FHLBank Topeka President and CEO Jeff Kuzbel. “We’re proud to partner with our members to support these 31 projects that not only create homes but open doors to security and long-term economic prosperity.”

In 2025, FHLBank also committed an additional 5% in voluntary funding to support affordable housing and community development. Some of these funds, through the AHP Extra program, supported AHP grants.

FHLBank Topeka also provided $41.9 million in additional funding through our TurnKey program and voluntary efforts in 2025. These include:

• $22.6 million through the TurnKey program, providing down payment, closing cost and repair assistance to support 1,632 very low-, low- and moderate-income homebuyers
• $5 million through the Native American Housing Initiatives grants program to support housing and community development in Native American communities
• $8.5 million in subsidies through the Mortgage Rate Reduction Product to provide reduced mortgage interest rates to income-eligible households
• $4.9 million in advance discounts for members supporting targeted lending like small business and agricultural lending through the Lending Enhancement Advance Program
• 3-to-1 matching disaster-relief grants through the Community Assistance Recovery Effort program
• Financial support to bolster the FHLBank Topeka Affordable Housing Institute at MSU Denver

FHLBank’s housing and community development programs are central to its mission to make a difference by helping members build their communities. The success of the cooperative means more funding is allocated to support members in these community-building initiatives.  

ColoradoKansas Nebraska Oklahoma Alternates

Colorado
$7.3 million for 416 housing units

Mercy Housing Mountain Plains Inc. received a $1.5 million AHP grant to support 9th and Navajo Street, the first Colorado development to provide supportive, affordable housing with an integrated health clinic for American Indian/Alaska Native individuals and families. The grant will provide gap financing for a new 190-unit development, which is a collaboration between three organizations, Denver Indian Health and Family Services, Mercy Housing Mountain Plains and Native American Housing Circle, to provide holistic services. FirstBank in Lakewood supported the AHP grant. 
 
Chaffee Housing Trust Two Rivers Phase II was awarded a $1,497,240 AHP grant to support down payment assistance for 32 households in their unique Community Land Trust (CLT) model. The homes are in the rural counties of Lake and Chaffee. Chaffee Housing Trust uses grants, donations and other funds to acquire or build the housing and then retains ownership of the underlying land. The subsidies stay with the home in perpetuity ensuring affordability for future generations. High Country Bank in Salida, who partnered on the AHP grant, also provides first mortgages and USDA-RD 502 Direct Loans to help make the project feasible. 

Crossbar Commons, a new construction affordable housing community, will be built in Aurora with help from a $1.5 million AHP grant. The project will be developed by Mercy Housing Mountain Plains Inc. to meet the diverse housing needs of the community while supporting long-term community stability, economic mobility and equitable growth. The 104-unit community will consist of a blend of one-, two-, three- and four-bedroom units to accommodate differing household sizes. An array of community amenities, including a community room, exercise room, playground and community garden, will be available. The project will also draw on partnerships with local schools, health care and nonprofits to offer wraparound services and support to residents. Mercy Community Capital in Denver supported the AHP grant. 

Habitat for Humanity of Colorado, Inc. received a $1.26 million AHP grant in partnership with Colorado Credit Union in Littleton to support its down payment assistance program serving 23 Colorado Habitat affiliates. The assistance will make homeownership attainable for 60 very low- or low-income households who have partnered with the organization to build their new homes. This AHP grant works alongside in-kind and monetary donations, government subsidies, other grants and volunteer labor to make the new home affordable for low- to moderate-income households. 

Housing Resources of Western Colorado joined with Alpine Bank in Glenwood Springs to apply for a $1,499,663 AHP grant. The grant will help 30 low- to moderate-income households achieve the dream of homeownership in Garfield and Montrose counties. The Western Colorado Homeownership program is designed to address two of the most significant barriers to purchasing a home in the region – high monthly housing costs and upfront cash required for closing. In addition to financial assistance, the program offers pre- and post-purchase counseling and homebuyer education classes.

Kansas
$16.4 million for 809 housing units 

The Independence Housing Authority received a $1,367,254 AHP grant in partnership with Equity Bank, Andover, to support cutting edge 3D-printed homes. The housing authority will work with Trident Homes to use this new technology, which will drive down costs, minimize waste, increase energy efficiency and speed up the build time for 40 homes ranging in size from 800 to 1,500 square feet. The project will focus on moderate-income families with most of the homes built on city-donated infill lots. Using infill lots will strengthen the fabric of established neighborhoods and take advantage of existing infrastructure.  

Thrive Allen County received a $1,437,216 AHP grant to renovate and rehabilitate homes across the county. The renovation funds will be available to households at or below 60% of the area median income. A total of 50 homeowners will be served by this program, entirely funded by the AHP grant. Emprise Bank in Wichita supported the project. 

The second community of its kind is coming to the Kansas City metro thanks to an AHP grant. Three Dog Night Charities, Inc., received a $1.5 million AHP grant to help construct Eden Village of Kansas City 2. The project will make infrastructure improvements to a nine-acre site and build 30 tiny homes for chronically homeless individuals. The gated community will also offer a community center and other communal spaces like a garden. Capitol Federal Savings Bank, Topeka, is the partnering member. 

A $1.5 million AHP grant will help build Floret Hill, a 121-unit rental project from Tenants to Homeowners, Inc. in Lawrence. The project will include a mix of apartments, townhomes and row homes for residents at or below 50 to 60% of the area median income. A community building onsite will house an exercise room, business center and management office. Horizon Bank, Waverly, Nebraska, partnered on the AHP grant and will provide some project financing.  

Habitat for Humanity Kansas joined with Union State Bank, Arkansas City, on a $735,000 AHP grant. The grant will provide down payment assistance and closing costs for the organization’s planned 35 new homes across the state. Approved homeowners must have a demonstrated need, be able to pay an affordable mortgage and willing to provide sweat equity. Homeowners typically earn between 30% and 60% of the area median income and are typically offered a no-interest loan.

Community Housing of Wyandotte County was awarded a $1,462,000 AHP grant to support its Owner-Occupied Home Repair Program. The funds will be used to remediate moderate to major housing issues in 68 housing units. CHWC partners with the Community Health Council to assess household need. Typical clients are elderly with minimal assets under 80% area median income, with most under 50% AMI. The repairs often include HVAC updates, new roofs, insulation, porch repair, weatherization, painting and structural repairs. Capitol Federal Savings Bank, Topeka, is the partnering member. 

Joplin Habitat for Humanity will be helped by a $1,071,400 AHP grant. The funds, which were applied for in partnership with GNBank, NA, Girard, Kansas, will expand its Critical Home Repair Program into Cherokee County, Kansas. The expansion will provide essential repair and rehabilitation services of up to $26,000 to 40 low-income, owner-occupied homes. Repairs include roof replacements, energy efficiency updates and accessibility modifications, which are key to preserving safe, habitable homes for vulnerable populations.  

Accessibility improvements like wheelchair ramps, grab bars and tub-to-shower conversions help reduce falls to preserve the health and safety of clients and reduce visits to the emergency room. HopeBUILDERS Home Repair, Inc. in partnership with Capitol Federal Savings Bank, Topeka, received a $1.5 million AHP grant to impact these and other upgrades. The grant will fund 100 critical repairs, accessibility modifications and safety upgrades at no cost to eligible homeowners in Wyandotte and Johnson County, Kansas, and Jackson County, Missouri. Eligible clients earn under 80% of the area median income and are over the age of 62 and/or live with a disability.

Access Group Wellness Project Corporation received a $1.5 million AHP grant to rehabilitate Newton Plaza, a 45-unit apartment complex in Newton. The renovation will provide new kitchens, bathrooms and flooring in each unit as well as a renovated community center and new landscaping. The community includes one-bedroom apartments occupied by seniors or people with disabilities. Horizon Bank in Waverly, Nebraska, partnered on the AHP application. 

Osage County Economic Development Corporation, Inc. received a $1.5 million AHP grant to support 100 owner-occupied rehabilitation projects for cost-burdened homeowners. Homes receiving assistance will be in Osage, Carbondale and surrounding areas. The grant application was supported by First Security Bank, Overbrook. 

Rural Affordable Housing Partners in Scranton received a $1.5 million AHP grant to fund owner-occupied rehabilitation for 100 economically disadvantaged homeowners. The renovations will include HVAC systems, roofs, sewer upgrades, foundations, bathroom updates, windows and more. Farmers and Drovers Bank, Council Grove, supported the AHP application. 

McPherson Housing Coalition will use a $375,000 AHP grant to assist with the second phase of the Sutherland Estates development, which will include five homes. The development, in the center of McPherson, has easy access to schools, churches, parks and city services. Siding, plumbing and electrical have been donated. The funds will help take care of the other construction needs for these one- and two-bedroom homes. The seven homes in the first phase of the project are completely rented.  

Wichita Habitat for Humanity, Inc., in partnership with Fidelity Bank, NA, Wichita, will be helped by a $1 million AHP grant. The funds will be used for a home repair program serving homeowners up to 80% of the area median income. An expected 75 homeowners will benefit from new roofing, HVAC, plumbing, electrical and accessibility improvements. Homeowners are actively involved in reviewing repair needs, choosing materials and learning about home maintenance so they can care for their homes in years to come.  

Nebraska
$5.9 million for 331 housing units 

Falls City Economic Development and Growth Enterprise, Inc., received a $335,495 AHP grant to rehabilitate 20 owner-occupied homes. The funds will be targeted to homeowners under 80% of area median income and will be used to improve living conditions and strengthen the county’s housing market. The project is supported by F&M Bank, Falls City. 

Nebraska Housing Developers Association, in partnership with First National Bank of Omaha, will use a $1.5 million AHP grant to support All Seasons Affordability Program IV. The program will provide $15,000 to 100 eligible Nebraska homeowners for HVAC improvements that will boost energy efficiency, lower utility bills and make homes more comfortable. The program will also offer financial education, credit counseling and mental and behavioral health services. Through partner grant and loan programs, NHDA will also fund other needed renovations. In addition to partnering on the AHP grant, First National Bank of Omaha will also donate to the program directly.  

Beemer Housing Authority was awarded a $399,008 AHP grant to make renovations to 12 homes. The rental homes for low- to moderate-income households will benefit from new HVAC, flooring and bathrooms. New roofs will also be installed in three of the homes. First Community Bank, Beemer, is the member partner on the project. 

Crossroads Center started in 1983 as a soup kitchen in Hastings with one bed. The nonprofit has expanded over the years and will use a $1.5 million AHP grant to renovate 71 units to make their facility more livable and reduce future maintenance and utility costs. Planned projects include a new concrete ADA ramp, bathroom remodels, new doors and windows, replacement of cast iron piping in the basement, updating the HVAC and electrical panels, installing a new elevator, updating building security, interior painting and shared kitchen updates. Heritage Bank, Wood River, supported the AHP grant and will provide construction financing. 

Cuming County Economic Development received a $740,350 AHP grant to support its rehabilitation program which will bolster living conditions in the county. In turn, the rehabilitation will create a robust housing market for the county. The funds will be used to renovate 40 homes in Cuming County for very low-, low- and moderate-income households. F&M Bank, West Point, is the member partner on the project. 

Fremont Area Habitat for Humanity, Inc. will use a $468,000 AHP grant to support critical repairs for 30 homes in Fremont and nearby communities. The organization’s home repair program started in 2019 after devastating floods affected their community. As construction and real estate costs rise, this program helps serve local, low-income families in making their current homes safer and more comfortable. First National Bank of Omaha partnered on the project. 

In 2020, the City of Columbus conducted a housing study and found 127 new housing units are needed each year through 2030 to meet community demand. Habitat for Humanity of Columbus hopes to make a difference in those numbers with a $329,814 AHP grant for their down payment assistance program. The funds are expected to ensure affordability for 18 homebuyers moving into recently constructed Habitat homes. Most homeowners served by the organization earn about 60% of area median income. The member on the project is First Nebraska Bank, Valley.

Rebuilding Together, Platte Valley East, Inc. was awarded a $599,948 AHP grant to help the community’s most vulnerable homeowners make critical home repairs through its Safe at Home Program. The program addresses serious health and safety risks that are often necessary for people to continue to live in their homes. Accessibility modifications may reduce falls, increase independence and facilitate aging in place. RVR Bank, Fremont, supported the AHP grant. 

Oklahoma 
$4.3 million for 208 housing units 

Stillwater Habitat for Humanity will benefit from a $300,000 AHP grant to support phase 1 of Fern Street Development, a new affordable housing community. Phase 1 will include five single-family homes, and the grant will support an additional five units over the coming years. As of April 2025, there wasn’t a single two- to four-bedroom home under 1,500 square feet available for sale in Stillwater. This project aims to change that. Gateway First Bank, Jenks, supported the AHP grant and will provide mortgage loans for the project. 

Building New Foundations in Overland Park, Kansas, received a $750,000 AHP grant to support the construction or renovation of 10 single-family rental homes in Oklahoma. The homes will have either three or four bedrooms with some units reserved for seniors, veterans and people with disabilities. Two of the homes will be built on donated land. The remaining eight will be acquired and rehabilitated. Gateway First Bank, Jenks, partnered on the application and will provide at least 5% of the total development costs. 

Pittsburg County Habitat for Humanity was awarded a $299,200 AHP grant to provide heating and cooling efficiency for 16 homeowners with low to moderate incomes. New HVAC systems will not only be more efficient and reliable but also will result in healthier air quality. The member of the project is First National B&TC of McAlester. 

Rebuilding Together OKC, Inc. will help 97 homeowners with needed repairs with a $1.5 million AHP grant. Many eligible homeowners are living without air conditioning, heat or with a damaged, leaky roof. The nonprofit plans to tackle these issues at no cost to low-income homeowners 55 years old and older. The grant will also help with accessibility and safety issues, such as ramps, handrails and smoke detector installation. RCB Bank, Claremore, supported the AHP grant.  

The Center for Community Transformation will repair and improve 75 homes in Wewoka with help from a $1.5 million AHP grant. The first phase of the initiative helped 60 homeowners. The next phase will build on their success and will target households at or below 50% of the area median income with priority placed on special needs populations, rural areas and homes with significant need for critical repairs. Security State Bank of Oklahoma, Wewoka, supported the AHP grant.

Alternate Projects 
In the event more funding becomes available, we have identified additional projects to be awarded (in alphabetical order by project name). 

$1.2 million – Sherman Affordable Holdings, LLC, for 1189 Delaware in Denver, Colorado – Member: American National Bank, Omaha, Nebraska 

$250,000 – Coffey County Housing Authority for Coffey County Homeowner Rehab in Burlington, Kansas – Member: First National Bank of Kansas, Burlington, Kansas 

$688,993 – Mankato Housing Authority for Mankato Community Homes, Mankato, Kansas – Member: State Exchange Bank, Mankato, Kansas 

$769,553 – Sheltering Tree, Inc. for Purple Martin Apartments in Omaha, Nebraska – Member: Frontier Bank, Omaha, Nebraska 

$1.5 million – New Foundations Housing Corporation for Stonebridge at Ponca City in Ponca City, Oklahoma – Member: Horizon Bank, Waverly, Nebraska 

$1.5 million – Volunteers of America Oklahoma, Inc. for their Family Wellness and Recovery Center in Lawton, Oklahoma – Member: BOKF, NA, Tulsa, Oklahoma