Discretionary Funds for Projects to Establish Individual Development Account (IDA) Programs for Refugees

The summary for the Discretionary Funds for Projects to Establish Individual Development Account (IDA) Programs for Refugees Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.


Federal Grant Title: Discretionary Funds for Projects to Establish Individual Development Account (IDA) Programs for Refugees
CFDA Number: 93.576
CFDA Description: Refugee and Entrant Assistance_Discretionary Grants
Federal Agency Name: Administration for Children and Families
Category of Funding Activity: Income Security and Social Services
Category Explanation: Information not provided
Opportunity Category: Discretionary
Funding Opportunity Number: HHS-2010-ACF-ORR-ZI-0013
Document Type: Grants Notice
Funding Instrument Type: Grant
Posted Date: May 27, 2010
Creation Date: May 27, 2010
Original Closing Date for Applications: Jul 12, 2010 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.
Current Closing Date for Applications: Jul 12, 2010 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.
Archive Date: Aug 11, 2010
Expected Number of Awards: 8
Estimated Total Program Funding: $1,800,000
Federal Grant Award Ceiling: $300,000
Federal Grant Award Floor: $200,000
Cost Sharing or Matching Requirement: No

Applicants Eligible for this Grant
State governments - County governments - City or township governments - Independent school districts - Public and State controlled institutions of higher education - Nonprofits having a 501(c)(3) status with the IRS, other than 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
Additional Information on Eligibility
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.
Grant 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.
Link to Full Grant Announcement
http://www.acf.hhs.gov/grants/open/foa/view/hhs-2010-acf-orr-zi-0013
Grant Announcement Contact
ACF Applications Help Deskapp_support@acf.hhs.gov
ACF Applications Help Desk [app_support@acf.hhs.gov]
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