OpportunityTitle: Refugee Individual Development Accounts (IDA) Program
AdditionalInformationOnEligibility: Public or private non-profit agencies are eligible for awards under this&amp;nbsp;announcement.&amp;nbsp; Applications from individuals (including sole proprietorships) and foreign entities are not eligible and will be disqualified from competitive review and from funding under this  funding opportunity announcement. Faith-based and community organizations that meet the eligibility requirements are eligible to receive awards under this funding opportunity announcement.
Description: MODIFICATION: ORR has modified the FOA from its original version to extend the due date to June 21, 2021 to reflect the observation of Juneteenth on June 18, 2021. This is the only modification to the announcement. The Office of Refugee Resettlement (ORR) within the Administration for Children and Families (ACF) announces funding for the Refugee Individual Development Accounts (IDAs) Program, which establishes and manages IDAs for low-income refugee participants. Eligible refugee participants (clients) who enroll in these projects will open and contribute systematically to IDAs for specified Savings 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, Test of English as a Foreign Language (TOEFL) and General Education Development (GED) Diploma preparation and test fees). Grantee organizations may use ORR funds to provide matches for the savings in the IDAs of up to $2,000 per individual refugee and $4,000 per refugee household. The &#8220;match&#8221; 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&apos; IDA savings. Successful 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 p.m., ET, on the listed application due date.