Native Asset Building Initiative

The summary for the Native Asset Building Initiative grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, 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 as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Administration for Children and Families ANA, which is the U.S. government agency offering this grant.
Native Asset Building Initiative: Asset building is an approach to overcoming poverty that emphasizes the value of sound family budgeting, money management, savings, and investment in long term assets. The Office of Community Services (OCS) and the Administration for Native Americans (ANA) have partnered to increase access to and awareness of asset building opportunities in Native American communities. OCS and ANA are program offices within the Administration for Children and Families (ACF). OCS and ANA will accept applications to establish and administer asset building projects with a focus on Assets for Independence (AFI) projects. The AFI focus of each project requires that eligible participants are given access to 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 will provide an array of additonal supports and services to enable low-income individuals and families to become economically self-sufficient for the long term. Additonal services offered to participants may include financial literacy education, credit counseling, coaching on money management and consumer issues, business support, home ownership support services, and other supportive services that enable them to become more financially secure. The IDA portion of the project is funded by OCS. ANA funds may be used to pay for costs associated with project administration and to provide other asset-building strategies. Under the funding opportunity announcement (FOA), applicants will submit 1 application that identifies a single work plan and 2 budgets, that is, a budget for each award. Successful applicants will receive an OCS-AFI award and an ANA-SEDS award.
Federal Grant Title: Native Asset Building Initiative
Federal Agency Name: Administration for Children and Families ANA
Grant Categories: Income Security and Social Services
Type of Opportunity: Discretionary
Funding Opportunity Number: HHS-2014-ACF-ANA-NO-0786
Type of Funding: Grant
CFDA Numbers: 93.602, 93.612
CFDA Descriptions: Assets for Independence Demonstration Program; Native American Programs
Current Application Deadline: Jul 10, 2014 Electronically submitted application
Original Application Deadline: Jul 10, 2014 Electronically submitted application
Posted Date: May 6, 2014
Creation Date: May 6, 2014
Archive Date: Aug 11, 2014
Total Program Funding: $1,600,000
Maximum Federal Grant Award: $1,250,000
Minimum Federal Grant Award: $50,000
Expected Number of Awards: 8
Cost Sharing or Matching: Yes
Applicants Eligible for this Grant
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
Native American tribal governments (Federally recognized)
Native American tribal organizations (other than Federally recognized tribal governments)
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Additional Information on Eligibility
Eligible applicants include:
Native 501(c)(3) non-profits serving Native Americans,
Native non-profit organizations designated by the Secretary of the Treasury as Community Development Financial Institutions (CDFIs) that demonstrate a collaborative relationship with a local community-based organization whose activities are designed to address poverty and the needs of community members for economic independence and stability, and
Federally recognized Tribal governments or Alaska Native Villages, as defined in the Alaska Native Claims Settlement Act, that are joint applicants with a 501(c)(3) Native non-profit organization.
A full listing of eligible entities under this announcement will be published in the funding opportunity announcement. Faith-based and community organizations that meet the eligibility requirements are eligible to receive awards under this funding opportunity announcement. Faith-based organizations are encouraged to review the ACF Policy on Grants to Faith-Based Organizations at: http: //www.acf.hhs.gov/acf-policy-on-grants-to-faith-based-organizations. Applications from individuals, foreign entities, and sole proprietorship for-profit organizations are not eligible and will be disqualified from competitive review and from funding under this announcement.
Link to Full Grant Announcement
http://www.acf.hhs.gov/grants/open/foa/view/HHS-2014-ACF-ANA-NO-0786
Grant Announcement Contact
ACF Applications Help Desk [email protected]
ACF Applications Help Desk

Administration for Children and Families - ANA 202-690-7110
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