Gateway First Bank serves as FHLB Member Bank for Two Oklahoma Nonprofits Awarded Over $2.3 Million for Affordable Housing

TULSA, Okla.--(BUSINESS WIRE)--Eden Village Tulsa and the Oklahoma Native Assets Coalition (ONAC) were awarded $1.285MM and $1.050MM, respectively, for their projects through FHLBank Topeka’s 2024 Affordable Housing Program (AHP) with Gateway serving as the FHLB Member 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.

The projects cover:

• $1.285MM to Eden Village to construct their tiny home community for the chronically homeless in Tulsa.
• $1.050MM to the ONAC for their down payment assistance program to low- and moderate-income homebuyers across Oklahoma.

“Providing these grants through our members each year is a cornerstone of our mission," said Jeff Kuzbel, FHLBank president and CEO. "The commitment of FHLBank members and the innovative spirit of community builders across our district are showcased by the diverse projects receiving funding. This year’s AHP projects, including Eden Village and the Oklahoma Native Assets Coalition, will profoundly impact many lives."

“It’s an honor for Gateway to serve as the participating financial institution for Eden Village and the Oklahoma Native Assets Coalition in their AHP projects,” said Bruce W. Schultz, SVP Community Development/CRA Officer for Gateway. “The mission of these organizations directly aligns with our mission of strengthening communities and we know that the cornerstone of any robust and resilient community is the availability of safe and affordable housing.”

About Oklahoma Native Assets Coalition, Inc.

The Oklahoma Native Assets Coalition (ONAC) is a national nonprofit that serves those interested in building various assets across the country. ONAC is an intermediary funder, grassroots network coordinator, and also a direct service provider that works with Native families and others to build their assets through ONAC's provision of financial education and financial coaching, as well as funding of Children's Savings Accounts (CSAs), emergency savings accounts, down payment assistance, incentivized Bank On accounts, and emergency cash assistance. While ONAC started its work in Oklahoma in 2001, it has kept its name and now serves in a national capacity.

About Eden Village of Tulsa

Eden Village of Tulsa is a 17-acre gated community with 63 tiny homes, a community center, a greenhouse, and a farm designed to provide permanent homes for chronically homeless individuals. Our Vision is to have Tulsa be a city where no one sleeps outside. Eden Village is at 1153 S 61^st West Avenue in Tulsa, OK. Our mission is to build relationships and communities for our homeless friends through three main goals: First, we give access to a home, hope, and dignity to those who can’t do it for themselves. Second, we reconnect the homeless to self, family, community, and God so they survive and thrive. Third, we put a plan in motion to help impact the homeless majority for the Tulsa area. You can learn more about how to support Eden Village Tulsa’s mission through volunteering or donating by visiting us at https://edenvillagetulsa.org/

Eden Village is an entity of Eden Village of Tulsa, Inc., a non-profit 501(c)(3).

About FHLBank Topeka:

FHLBank Topeka is one of 11 Federal Home Loan Banks that accesses the capital markets to provide liquidity and funding for its members. With $79 billion in assets and more than $4 billion in capital, FHLBank Topeka is a strong, reliable source of liquidity for its nearly 670-member financial institutions in Colorado, Kansas, Nebraska, and Oklahoma.

About Gateway First Bank

Gateway, headquartered in Jenks, Oklahoma, is a leading financial institution committed to the community and focused on personalized financial solutions. Founded in 2000, Gateway is one of the largest financial institutions in the state, with assets totaling over $2 billion. In addition to its ten banking centers in Oklahoma, Gateway has a strong national mortgage presence, with almost 80 mortgage locations around the country and a staff of approximately 600 employees. www.gatewayfirst.com

© 2025 Gateway First Bank. Member FDIC. Equal Housing Lender. NMLS 7233.