Assets for Independence

Program Title

Assets for Independence

Agency/Sub-Agency

ACF/OCS

Description

These projects assist low-income people in becoming economically self- sufficient. They do so by teaching project participants about economic and consumer issues and enabling them to establish matched savings accounts called Individual Development Accounts (IDA) in order to save for a first home, a business or higher education. Grantees must participate in an on-going national evaluation of the impact of AFI Projects and IDAs.

Eligible Entity(ies)

• State governments;
• County governments;
• City or township governments;
• Special district governments;
• Independent school districts;
• State controlled institutions of higher education;  
• Native American tribal governments (Federally recognized);
• Public Housing authorities/Indian housing authorities;
• Native American tribal organizations (other than Federally recognized tribal governments); and
• Non-profits having a 501(c)(3) status with the IRS, other than institutions of higher education.

Intended Beneficiaries

Low-income

Catalog of Federal Domestic Assistance No.

93.602

CFDA Category

Health

CFDA Sub-Category(ies)

Education and Training

Keyword(s)

Economic Self-Sufficiency, Community Services, Low Income Assistance

HHS Announcement No.

OCS-EI-0053

New Funding Opportunity

No

Competition Type (N), (CC) or (M)

N

Single Source / Limited Competition

NA

Est Annual Min Award

$0

Est Annual Max Award

$1,000,000

Est Number of Awards

50-60

Est Posting Date

9/30/2007

Est Application Deadline

11/29/2007

Est Award Date

2/1/2008

Est Start Date

3/1/2008

Program Contact Name

James Gatz

Program Contact Telephone No.

202-401-5284

Program Contact Email

james.gatz@acf.hhs.gov

Agency Forecast ID No.

ACF39