BANCFIRST AWARDED $400,000 TO SUPPORT AFFORDABLE HOUSING EFFORTS FOR NATIVE AMERICANS IN OKEMAH

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BancFirst (NASDAQ:BANF), as a member of FHLBank Topeka, sponsored Muscogee Creek Nation in securing a $400,000 NAHI grant to support affordable housing in Okemah and Okfuskee County. The funds will help develop a planned 60-unit rental project for low-income tenants earning at or below 60% of area median income.

According to FHLBank Topeka, its 2025 Native American Housing Initiatives (NAHI) Grants Program increased total awards from an initially planned $3.6 million to $5 million following strong demand. Applications for the 2026 NAHI grants closed in July, with selected projects expected to be announced in the fall.

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OKLAHOMA CITY, Aug. 7, 2026 /PRNewswire/ -- Muscogee Creek Nation was one of 16 organizations selected in 2025 to receive grant funds to assist with affordable housing efforts through BancFirst, an FHLBank Topeka member. The funds are part of FHLBank Topeka's Native American Housing Initiatives (NAHI) Grants Program.

"In our capacity as a member of FHLBank Topeka, BancFirst is honored to partner with the Muscogee Nation in sponsoring their grant application for the betterment of Okemah and the Okfuskee County," said Brandon Burnett, President of BancFirst Okemah.

The grant will be used to support a planned 60-unit rental project for low-income tenants at or below 60% of the area median income.

"Due to its isolation, years of disinvestment and historical traumas faced by Tribal communities, the Muscogee Creek Nation Reservation faces an economic and housing crisis. Our Department of Housing has a waiting list of more than 500 families for our rental and lease with option to purchase programs," said Ronnie Rogers, Secretary of Housing, Muscogee Creek Nation. "These funds will make a difference in making a dent in that waiting list."

Through the 2025 program, FHLBank Topeka initially planned to award $3.6 million in grant funding to Native American tribes and tribally designated housing entities but increased the commitment following a strong response.

"We are honored to deepen our support for Native American communities in our district with $5 million in grants," said Jeff Kuzbel, FHLBank Topeka President and CEO. "The strength and vision reflected in the proposals we received from tribal nations made it clear that expanding our commitment was the right choice. Insights from our members and Native American partners following two years of our NAHI Program affirmed this flexible program is a powerful model with meaningful impact."

Visit fhlbtopeka.com/nahi to see the full list of selected projects in 2025. Applications closed in July for the 2026 NAHI grants and will be announced this fall.

About BancFirst
BancFirst serves customers from 109 service locations in 64 communities across the state. More Oklahoma households bank with BancFirst than any other bank. BancFirst is the highest ranked Oklahoma bank on the 2025 Forbes list of America's Best Banks. Bank Director Magazine consistently recognizes BancFirst as a one of the safest and strongest banks in the nation. BancFirst Corporation is a publicly held company, listed on the NASDAQ National Market System under the symbol BANF. Find more information at www.bancfirst.bank.

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SOURCE BancFirst

FAQ

What did BancFirst (NASDAQ:BANF) announce about the $400,000 affordable housing grant in Okemah?

BancFirst announced it sponsored Muscogee Creek Nation’s successful application for a $400,000 NAHI grant to support affordable housing in Okemah. According to BancFirst, the funding will aid a 60-unit rental project for low-income tenants at or below 60% of area median income.

How will the $400,000 NAHI grant supported by BancFirst (BANF) be used by Muscogee Creek Nation?

The $400,000 grant will support a planned 60-unit rental housing project for low-income tenants in Okemah. According to Muscogee Creek Nation, it targets households at or below 60% of area median income and helps address a waiting list of more than 500 families.

What is FHLBank Topeka’s NAHI Grants Program mentioned in the BancFirst (BANF) announcement?

FHLBank Topeka’s Native American Housing Initiatives (NAHI) Grants Program funds affordable housing for Native American tribes and housing entities. According to FHLBank Topeka, the 2025 program increased total awards from an initially planned $3.6 million to $5 million following strong responses from tribal applicants.

How many organizations and how much funding were involved in the 2025 NAHI grants linked to BancFirst (BANF)?

In 2025, 16 organizations, including Muscogee Creek Nation, were selected to receive NAHI grant funds. According to FHLBank Topeka, the total grant commitment for Native American housing initiatives was raised to $5 million, up from an initial plan of $3.6 million.

When will 2026 NAHI grant recipients connected to BancFirst (BANF) and other members be announced?

Recipients of the 2026 NAHI grants are expected to be announced in the fall of 2026. According to FHLBank Topeka, applications for the 2026 Native American Housing Initiatives program closed in July 2026, with selected projects to be published after review.

What affordable housing needs does the Muscogee Creek Nation highlight in the BancFirst (BANF) grant news?

Muscogee Creek Nation highlights an economic and housing crisis on its reservation, including isolation and disinvestment. According to the Nation, its Department of Housing has a waiting list of more than 500 families for rental and lease-with-option-to-purchase programs that this funding helps address.