OpportunityTitle: Refugee Individual Development Accounts Program
AdditionalInformationOnEligibility: Public or private non-profit agencies are eligible for awards under this announcement.&#160; Applications from individuals (including sole proprietorships) and foreign entities are not eligible and will be disqualified from competitive review and funding under this  funding opportunity. Faith-based and community organizations that meet the eligibility requirements are eligible to receive awards under this funding opportunity. Faith-based organizations may apply for this award on the same basis as any other organization, as set forth at and, subject to the protections and requirements of 45 CFR Part 87 and 42 U.S.C. 2000bb&#160;et seq., ACF will not, in the selection of recipients, discriminate against an organization on the basis of the organization&apos;s religious character, affiliation, or exercise.
Description: ORR within the Administration for Children and Families (ACF) announces funding for the IDAs Program, which establishes and manages IDAs for low-income refugee participants.Eligible refugee participants who enroll in these projects will open and contribute systematically to IDAs for specified Asset Goals, including homeownership, business capitalization, vehicles for educational or work purposes, professional certification, and education (limited to postsecondary and/or continuing education, college entrance exam fees, TOEFL and GED Diploma preparation and test fees). Recipient organizations may use ORR funds to provide matches for the savings in the IDAs of up to $3,000 per individual refugee and $6,000 per refugee household.The &#8220;match&#8221; mentioned in this announcement does not refer to the award recipient 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&apos; IDA savings.Recipients 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.
GrantorContactEmailDescription: Yimeem.Vu@acf.hhs.gov
GrantorContactText: Yimeem Vu&lt;br/&gt;Yimeem.Vu@acf.hhs.gov
CloseDateExplanation: Electronically submitted applications must be submitted no later than 11:59 pm Eastern Standard Time on the listed application due date.