The Office of Community Services is accepting applications
for funding new IDA projects now!
for funding new IDA projects now!
The Administration for Children and Families (ACF), Office of Community Services (OCS), will accept applications for grants to establish and administer Assets for Independence (AFI) projects. Grantees provide an array of supports and services to enable individuals and families with low incomes to become economically self-sufficient for the long-term. A primary feature of each AFI project is that project participants are given access to special matched savings accounts called Individual Development Accounts (IDA), in which participants save earned income for the purchase of a home, for business capitalization, or to attend higher education or training. Grantees also ensure that participants have access to financial literacy education and coaching including training on money management and consumer issues.
How to Apply
The Office of Community Services is accepting applications for funding new AFI projects now! Applicants may submit application materials at any time throughout the year. OCS will review and fund new grants in three cycles annually in calendar year 2010. The application receipt dates are as follows. OCS must receive the applications no later than 4:30 p.m. Eastern Standard Time on the receipt date.
Winter Cycle -- January 15, 2010
Spring Cycle -- March 25, 2010
Summer Cycle -- June 25, 2010
Key Documents and Information for Applicants
AFI Resource Center -- Request an application kit and ask your questions! Send an email note to info@idaresources.org or give us a call on 866-778-6037.
Assets for Independence Program Funding Opportunity Announcement HHS-2008-ACF-OCS-EI-0053
The official request for proposals that describes the Assets for Independence Program and application requirements. As originally published, the announcement did not include information about the Summer funding cycle.
The official request for proposals that describes the Assets for Independence Program and application requirements. As originally published, the announcement did not include information about the Summer funding cycle.
