OpportunityTitle: Discretionary Funds for Projects to Establish Individual Development Account (IDA) Programs for Refugees
AdditionalInformationOnEligibility: Faith-based and community organuizations are eligible to apply under this announcement. Individuals and foreign entities are not eligible for awards made under this announcement.
Description: ORR invites qualified entities to submit competing grant applications for new projects that will establish, support, and manage IDAs for eligible low-income refugee individuals and families. The refugee IDA Program represents an anti-poverty strategy built on asset accumulation for low-income refugee individuals and families with the goal of promoting refugee economic independence. In particular, the objectives of this program are to: encourage regular saving habits among refugees; promote refugee participation in the financial institutions of this country; promote refugee acquisition of assets to build individual, family, and community resources; increase refugee knowledge of financial and monetary topics; assist refugees in advancing their education; increase home ownership among refugees, and assist refugees in gaining access to capital. These new grantees will accomplish these objectives by establishing programs that combine the provision of matched savings accounts with financial training and couseling.
GrantorContactEmailDescription: ACF Applications Help Desk
GrantorContactText: ACF Applications Help Desk&lt;br/&gt;app_support@acf.hhs.gov&lt;br/&gt;
CloseDateExplanation: See link to full announcement for details. IMPORTANT NOTE: Applications submitted electronically via Grants.gov must be submitted no later than 4:30 p.m., eastern time, on the due date referenced above.