HHS Assets for Independence Demonstration Program

Description:       The Office of Community Services (OCS) within the Administration for Children and Families (ACF) announces that competing applications will be accepted for grants to administer projects for the national Assets for Independence (AFI) of Individual Development Accounts (IDAs). The projects will provide IDAs and related services to individuals and families with low incomes.

A primary feature of each AFI project is that participants save earned income in an IDA to purchase a home, capitalize or expand a business for self-employment, or attend postsecondary education or training. Projects also ensure that participants have access to financial education training and coaching, including family budgeting, debt and credit counseling, using mainstream financial products, and accessing refundable tax credits.

As a condition of their federal AFI grant, grantees must provide non-federal funds to support their AFI project in an amount at least equal to the Federal AFI grant amount.

Funding Title:    Assets for Independence Demonstration Program

Agency Name:    Department of Health and Human Services, Administration for Children & Families, Office of Community Services

Funding Instrument Type:     Grant

Express Language for Legal Aid:    No

Target Population:    States and local communities

Expected Number of Awards:     50

Cost Sharing or Matching Requirement:    Grantees are required to meet a non-federal share of the project cost, in accordance with The Assets for Independence Act (Title IV of the Community Opportunities, Accountability, and Training and Educational Services Act of 1998, as amended, Pub. L. 105-285, 42 U.S.C. 604 note)

How to Apply:     Each applicant applying electronically via http: //www. grants.gov is required to upload only two electronic files, excluding Standard Forms and OMB-approved forms.

Current Closing Date for Applications:

FY 2014: 05/07/2014 and 07/14/2014

FY 2015: 10/27/2014 and 04/20/2015

FY 2016: 10/19/2015 and 04/18/2016

Estimated Total Program Funding:    $12,500,000

Award Ceiling:    $1,000,000

Award Floor:    $10,000

Eligible Applicants:

Small businesses

Native American tribal organizations (other than Federally recognized tribal governments)

Special district governments

Independent school districts

County governments

Public and State controlled institutions of higher education

Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education

Private institutions of higher education

Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education

Native American tribal governments (Federally recognized)

State governments

Public housing authorities/Indian housing authorities

For profit organizations other than small businesses

City or township governments

Non-profit entities without 501(c)(3) status may only apply as a collaboration/consortia applicant with an entity that does have 501(c)(3) status. Additionally, governmental entities are eligible only as collaboration/consortia applicants with a non-profit organization having 501(c)(3) status. Applications submitted by collaboration/consortia applicants, for example, by a state, a local or tribal government agency, and a non-profit organization must clearly identify the organizations that are the collaboration/consortia applicant.

Priority Consideration:   

Policy and Regulations on Use of Funds:     

Current/Past Funding Recipients:

Samples of Successful Application:

Link to Full Announcement:   http://www.acf.hhs.gov/grants/open/foa/files/HHS-2014-ACF-OCS-EI-0774_2.htm#c.d.section.VI

Contact Information:

Program Office Contact

Gretchen Lehman

Administration of Children and Families

Office of Community Services

Division of Community Demonstration Programs

Aerospace Building

370 L’Enfant Promenade, SW., 5th Floor West

Washington, DC 20447

Phone: 1-866-778-6037

Email: info@idaresources.org

URL: http://idaresources.acf.hhs.gov/

Office of Grants Management Contact

Katrina Morgan

Administration for Children and Families

Office of Community Services

Office of Grants Mangement

OCS Operation Center

9701 Apollo Drive, Suite 301

Largo, MD 20774

Phone: (855) 792-6551

Email: OCSgrants@acf.hhs.gov

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Categories: Consumer, Education, Education Organizations, Government Organizations, HHS, Housing, Native American Tribes or Tribal Organizations, Non-profit Organizations, Public Housing Organizations, Small Businesses, Subgrant Possibilities

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