Projects to Establish Individual Development Account (IDA) Programs for Refugees
The Office of Refugee Resettlement (ORR) within the Administration for Children and Families (ACF) invites eligible entities to submit competitive grant applications for projects to establish and manage Individual Development Accounts (IDAs) for low-income refugee participants. Eligible refugee participants who enroll in these projects will open and contribute systematically to IDAs for specified Savings Goals, including home ownership, business capitalization, vehicles for educational or work purposes, professional certification, and education (limited to postsecondary education, college entrance exam fees, Test of English as a Foreign Language (TOEFL) and GED preparation and test fees). Successful grantees will be expected to coordinate their policies and procedures for developing and administering refugee IDA projects with ORR and with the existing refugee IDA network.
General information about this opportunity
Last Known Status
Deleted 07/17/2013 (Archived.)
Program Number
HHS-2013-ACF-ORR-ZI-0572
Federal Agency/Office
Agency: Department of Health and Human Services
Office: Administration for Children and Families
Type(s) of Assistance Offered
Grant
Number of Awards Available
9
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Public or private non-profit agencies are eligible for awards under this announcement. Applicants must also provide documentation of participation of a financial institution(s) in the project. This documentation must be in writing, on letterhead of the financial institution, and signed by a person authorized to make the commitment on behalf of the financial institution. The documentation must include a commitment by the financial institution to establish IDAs for the refugee participants, to establish a parallel account (or accounts) for the matching funds, and to provide the grantee with account activity data on the IDAs and the parallel account(s) in a timely manner. The “match” mentioned in this announcement does not refer to the applicant finding additional funds to match funds being provided by the Federal government; it is the portion of federal funds to be allocated for matching clients' IDA savings. Faith-based and community organizations that meet eligibility requirements are eligible to receive awards under this funding opportunity announcement. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement.
What is the process for applying and being award this assistance?
Application Procedure
Electronically submitted applications must be submitted no later than 11:59 p.m., ET, on the listed application due date.
Deadlines
06/17/2013
Other Assistance Considerations
Formula and Matching Requirements
This program does not have cost sharing or matching requirements.
Who do I contact about this opportunity?
Headquarters Office
ACF Applications Help Desk
app_support@acf.hhs.gov
Website Address
http://www.acf.hhs.gov/grants/open/foa/view/HHS-2013-ACF-ORR-ZI-0572
E-mail Address
app_support@acf.hhs.gov
Financial Information
Obligations
$2,200,000.00
Range and Average of Financial Assistance
Awards range from $100,000.00 to $245,000.00
