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Assets for Independence Demonstration
Program

Published on AidPage by IDILOGIC on Jun 24, 2005
Administered by:

Department of Health and Human Services, Administration of Children and Families, Office of Administration
(see all US Federal Agencies)

Explore all postings for this grant program:
Applications Due:

Jul 15, 2005
This is a standing announcement. It is effective until canceled or changed by the Office of Community Services. Applicants may submit applications at any time throughout the year. OCS will review and make funding decisions about applications submitted by any of three due dates: March 15, June 15, and November 1. In addition, for 2005, July 15 will also be a due date. (If a date falls on a weekend, the due date will be the following Monday.) For example, starting in mid-March annually, OCS will review all applications submitted November 2 through March 15. Starting in early June, OCS will review all applications submitted March 16 through June 15. And, starting in early November, OCS will review all applications submitted June 16 through November 1. Unsuccessful applicants may submit a new application in any succeeding application period.

total funding: $18,000,000
max award: $1,000,000
min award: $0
cost sharing, matching: Yes
number of awards: 60
type of funding: Grant
Description:

The Administration for Children and Families, Office
of Community Services (OCS) will accept applications for financial
assistance to establish and administer Assets for Independence (AFI)
Projects. 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. This is
a standing announcement. It is effective until canceled or changed by the
Office of Community Services. Applicants may submit applications at any
time throughout the year. OCS will review and make funding decisions about
applications submitted by any of three due dates: March 15, June 15 and
November 1. (If a date falls on a weekend, the due date will be the
following Monday.) For example, starting in mid-March annually, OCS will
review all applications submitted November 2 through March 15. Starting in
early June, OCS will review all applications submitted March 16 through June
15. And, starting in early November, OCS will review all applications
submitted June 16 through November 1. Unsuccessful applicants may submit a
new application in any succeeding application period. Grantees must comply
with terms of the Assets for Independence Act (AFIA) (Title IV of the
Community Opportunities, Accountability, and Training and Educational
Services Act of 1998, as amended, P.L. 105-285, 42 USC 604 note) in
submitting an application and administering an AFI Project. The OCS Asset
Building website (at http://www.acf.hhs.gov/assetbuilding) includes
information about the AFI Program. The website presents a wealth of ideas
and suggestions for developing and managing an AFI Project. In particular,
it includes downloadable text of the AFI Act and a synopsis of grantee
responsibilities
impsed by the Act. It also features a downloadable guidebook, The AFI
Project Builder that covers many topics and includes suggestions and best
practices for planning, starting and implementing an AFI Project.
Applicants can visit the website to obtain more in-depth information
regarding the requirements for applying for and implementing an AFI
Project.

Who can apply:

Anyone/General Public
City Or Township Governments
County Governments
Federally Recognized Indian Tribal Governments
Independent School Districts
Minority Group
Native American Organization
Non-Government - General
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 Nonprofit Institution/Organization (Includes Institutions Of Higher Education, Hospitals)
Profit Organization
Public And State Controlled Institutions Of Higher Education
Public Housing Authorities/Indian Housing Authorities
Small Business (Less Than 500 Employees
Special District Governments
State (Includes District Of Columbia; Includes Institutions Of Higher Education And Hospitals)
U.S. Territories And Possessions (Includes Institutions Of Higher Education, Hospitals)

Eligible functional categories:
Funding Sources:

New Assets for Independence Demonstration Program

More Information:

http://www.acf.hhs.gov/grants/open/HHS-2005-ACF-OCS-EI-0053.html

If you have problems accessing the full announcement, please contact: James Gatz

Address Info:

Department of Health and Human Services, Administration
for Children and Families

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