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 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-2015-ACF-ORR-ZI-0958
Type of Funding:	Grant
CFDA Numbers:	93.576
CFDA Descriptions:	Refugee and Entrant Assistance_Discretionary Grants
Current Application Deadline:	May 4, 2015 Electronically submitted applications
Original Application Deadline:	May 4, 2015 Electronically submitted applications
Posted Date:	Mar 4, 2015
Creation Date:	Mar 4, 2015
Archive Date:	Jun 3, 2015
Total Program Funding:	$2,800,000
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: Independent school districts
Public and State controlled institutions of higher education
State governments
Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
City or township governments
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Public housing authorities/Indian housing authorities
Native American tribal organizations (other than Federally recognized tribal governments)
Private institutions of higher education
Special district governments
Native American tribal governments (Federally recognized)
County governments
Additional Information on Eligibility: Public or private non-profit agencies are eligible for awards under this announcement. ORR is limiting this Funding Opportunity Announcement to those eligible entities with a partnership with a financial institution.
Applicants must provide documentation of participation of a financial institution(s) in the project. This documentation must be in writing, on letterhead of the financial institution, and signed by a person authorized to make the commitment on behalf of the financial institution. The documentation must include a commitment by the financial institution to establish IDAs for the refugee participants, to establish a parallel account (or accounts) for the matching funds, and to provide the grantee with account activity data on the IDAs and the parallel account(s) in a timely manner.
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. 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-2015-ACF-ORR-ZI-0958
Grant Announcement Contact: ACF Applications Help Desk [email protected]
ACF Applications Help Desk

Administration for Children and Families - ORR 202-690-7110
Similar Government Grants: • Support for Trauma-Affected Refugees (STAR); • Ethnic Community Self-Help Program-Ukraine; • Refugee Individual Development Accounts Program; • Refugee Technical Assistance Program; • Ethnic Community Self-Help Program; • Opportunity HHS-2008-ACF-ORR-RP-0112; • Opportunity HHS-2008-ACF-ORR-RE-0117; • Opportunity HHS-2008-ACF-ORR-RU-0113
More Grants from the Administration for Children and Families ORR: • Residential Treatment Center Services for Unaccompanied Children; • Residential (Therapeutic Group Home) Services for Unaccompanied Children; • Support for Trauma-Affected Refugees (STAR); • Ethnic Community Self-Help Program-Ukraine; • Refugee Individual Development Accounts Program