The Oklahoma Native Assets Coalition, Inc. (ONAC) was awarded $1.050MM for its down payment assistance program through FHLBank Topeka’s 2024 Affordable Housing Program (AHP).

According to Gateway First Bank, "this year, $31.3 million in AHP grants were made in partnership with FHLBank Topeka’s member financial institutions. A total of 26 projects in Colorado, Kansas, Nebraska, and Oklahoma will give 1,699 very low-, low-, and moderate-income households a place to call home."

ONAC's program down payment assistance program is open to all homebuyers. This funding from the FHLBank Topeka will allow ONAC to provide down payment assistance in Colorado, Kansas, Nebraska, and Oklahoma to those who meet the FHLBank Topeka guidelines (more to follow).

Given this new funding, ONAC intends to restart its down payment assistance program by summer 2025. 

ONAC is grateful for this support from the FHLBank Topeka!