Refugee Individual Development Accounts (IDA) Program

The summary for the Refugee Individual Development Accounts (IDA) Program 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 ORR, which is the U.S. government agency offering this grant.
Refugee Individual Development Accounts (IDA) Program: The Office of Refugee Resettlement (ORR) within the Administration for Children and Families (ACF) invites eligible entities to submit competitive grant applications for projects to establish and manage Individual Development Accounts (IDAs) for low-income refugee participants. Eligible refugee participants who enroll in these projects will open and contribute systematically to IDAs for specified Savings Goals, including home ownership, 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 GED 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. Applications will be screened and evaluated as indicated in the published funding opportunity announcement. Selection of awards will be contingent on the outcome of the competition and the availability of funds.
The “match” 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' IDA savings.
Successful grantees 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.
Federal Grant Title: Refugee Individual Development Accounts (IDA) Program
Federal Agency Name: Administration for Children and Families ORR
Grant Categories: Income Security and Social Services
Type of Opportunity: Discretionary
Funding Opportunity Number: HHS-2016-ACF-ORR-ZI-1113
Type of Funding: Grant
CFDA Numbers: 321504
CFDA Descriptions: Refugee and Entrant Assistance_Discretionary Grants
Current Application Deadline: Jun 21, 2016 Electronically submitted application
Original Application Deadline: Jun 21, 2016 Electronically submitted application
Posted Date: Apr 21, 2016
Creation Date: Apr 21, 2016
Archive Date: Jul 21, 2016
Total Program Funding: $2,500,000
Maximum Federal Grant Award: $250,000
Minimum Federal Grant Award: $100,000
Expected Number of Awards: 13
Cost Sharing or Matching: No
Applicants Eligible for this Grant
Public housing authorities/Indian housing authorities
Public and State controlled institutions of higher education
Native American tribal organizations (other than Federally recognized tribal governments)
City or township governments
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
County governments
State governments
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Independent school districts
Special district governments
Native American tribal governments (Federally recognized)
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
Public or private non-profit agencies are eligible for awards under this announcement.
Refugee IDA Program grantees awarded ORR funding prior to or in 2013, with the project period ending before, or on September 29, 2016, are eligible to compete for funding and propose servicing the existing population and/or geographic location under this announcement provided all eligibility criteria are met.
ORR Refugee IDA grantees that were awarded in FY 2015 are eligible to apply under this FOA, but must propose servicing a distinctively different geographic location from their existing location. The proposed geographic location must be served throughout the project period. 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 (including sole proprietorships) and foreign entities 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-2016-ACF-ORR-ZI-1113
Grant Announcement Contact
ACF Applications Help Desk app_support@acf.hhs.gov
ACF Applications Help Desk

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