The City of Emporia has been granted $450,000 through FHLBank Topeka’s Affordable Housing Program (AHP) to support housing rehabilitation efforts. This funding aligns with FHLBank Topeka’s commitment to enhancing communities through affordable housing initiatives.
A Commitment to Affordable Housing
Jeff Kuzbel, the president and CEO of FHLBank Topeka, emphasized the importance of these grants in fulfilling their mission. “Providing these grants through our members each year is a cornerstone of our mission,” said Kuzbel. “The dedication of FHLBank members, combined with the innovative spirit of community builders across our district, is reflected in the diverse projects funded. This year’s AHP projects, 2024 Fix Emporia, will have a significant impact on many lives.”
The Fix Emporia Program: Addressing Critical Housing Needs
With the allocated funds, the Fix Emporia program will oversee the rehabilitation of 30 homes belonging to families earning below the median income. This initiative aims to address essential repairs for families who otherwise could not afford them. The program seeks to enhance living conditions while contributing to the community’s overall well-being.
Key Features of the Fix Emporia Program
| Feature | Details |
|---|---|
| Number of Homes | 30 |
| Target Beneficiaries | Families earning below median income |
| Purpose | Essential home repairs for underserved families |
| Funding Source | AHP grants from FHLBank Topeka |
A Longstanding Partnership with AHP Grants
The City of Emporia has a rich history of leveraging AHP grants to assist residents with essential home repairs. Since 2000, these grants have consistently provided critical funding for housing rehabilitation projects. Notably, AHP funding is derived from loan proceeds and does not rely on taxpayer dollars.
This year, Emporia continues its collaboration with ESB Financial, which will also contribute additional funds to the Fix Emporia initiative, further bolstering the project’s impact.
Regional Impact Beyond Emporia
In addition to funding the Fix Emporia program, the Affordable Housing Program awarded grants to 26 other projects across Kansas, Colorado, Nebraska, and Oklahoma. Collectively, these projects are projected to assist nearly 1,700 families by providing resources for housing improvements and support.
By investing in affordable housing, programs like Fix Emporia exemplify how grant funding can transform communities and improve lives, ensuring a brighter future for underserved families.
