Lending Enhancement Advance Program
The Lending Enhancement Advance Program (LEAP) opens Monday, May 18, 2026. Supported by FHLBank Topeka's voluntary funding, LEAP allows members to borrow at below regular advance interest rates to support targeted types of lending.
Each member is limited to $150,000 in LEAP discounts. LEAP will be offered on a first-come, first-served basis.
Eligible Uses
Eight targeted types of lending activity can qualify for LEAP discounts.
- Nonprofit mortgage originator loan purchases
- Rural development
- Small business lending
- Targeted agricultural lending
- Community Development Financial Institution (CDFI) lending
- CDFI match-funding
- Native American Tribal lending
- Infrastructure financing
Options
LEAP advances are available for one- to five-year regular fixed rate advances of $10,000 or more. A discount of 50 basis points is offered below standard fixed rates (floor of 0%). Each member has up to $150,000 available in subsidy (subject to program availability).
A few notes: Advances cannot exceed the unpaid principal balance of eligible loans for the eligible activity. All advances are subject to FHLBank’s standard early payoff fee. Lending activity must occur within 12 months following the advance request.
Resources
Questions
Contact our Lending Desk at FHLB.Lending@fhlbtopeka.com or 800.809.2733 with your questions.
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