This grant from the Office of Refugee Resettlement (ORR) is for establishing and managing Individual Development Account (IDA) programs designed for low-income refugee participants. Grantee organizations can utilize funds to provide matching savings contributions, up to $2,000 per individual refugee or $4,000 per refugee household. These IDAs support key savings goals including home ownership, business capitalization, vehicles for educational or work purposes, and postsecondary education. Successful grantees will coordinate with ORR, attend training meetings for knowledge exchange, and may participate in program evaluations to assess the effectiveness of IDAs in improving clients’ lives. This initiative aims to foster financial self-sufficiency among refugees.
Opportunity ID: 165253
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | HHS-2012-ACF-ORR-ZI-0288 |
| Funding Opportunity Title: | Discretionary Grant Funds for Projects to Establish Individual Development Account (IDA) Programs for Refugees |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Income Security and Social Services |
| Category Explanation: | – |
| Expected Number of Awards: | 9 |
| Assistance Listings: | 93.576 — Refugee and Entrant Assistance_Discretionary Grants |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Apr 17, 2012 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Jun 18, 2012 Electronically submitted applications must be submitted no later than 11:59 p.m., ET, on the listed application due date. |
| Current Closing Date for Applications: | Jun 18, 2012 Electronically submitted applications must be submitted no later than 11:59 p.m., ET, on the listed application due date. |
| Archive Date: | Jun 19, 2012 |
| Estimated Total Program Funding: | $2,000,000 |
| Award Ceiling: | $300,000 |
| Award Floor: | $100,000 |
Eligibility
| Eligible Applicants: | County governments City or township governments Independent school districts Public and State controlled institutions of higher education Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education State governments Private institutions of higher education Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education |
| Additional Information on Eligibility: | Applicants must also provide documentation of participation of a qualified 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 Individual Development Accounts (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. Public or private nonprofit agencies are eligibile for awards under this announcement. Faith-based and community organizations that meet eligibility requirements are eligible to receive awards under this funding opportunity announcement. Individuals and foreign entities are not eligible for awards made under this announcement. |
Additional Information
| Agency Name: | Administration for Children and Families |
| Description: | The Office of Refugee Resettlement (ORR) invites eligible entities to submit grant applications for projects to establish and manage Individual Development Accounts (IDAs) for low-income refugee participants. 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. 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, and postsecondary education. 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, outcome of the Federal staff review, and the availability of funds. 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. To ensure an exchange of technical and training information among programs, all grantees are encouraged to attend up to two ORR training meetings during each year of their participation in this program area. Grant funds may be used to support travel and per diem for attendance of training meetings. Additionally, grantees are encouraged to evaluate the effectiveness of the IDAs in their client's lives, and grantees may be asked to participate in an ORR-initiated program evaluation. |
| Link to Additional Information: | http://www.acf.hhs.gov/grants/open/foa/view/HHS-2012-ACF-ORR-ZI-0288 |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
ACF Applications Help Desk
app_support@acf.hhs.gov Email:app_support@acf.hhs.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
There are no related documents on this grant.
Packages
| Agency Contact Information: | ACF Applications Help Desk app_support@acf.hhs.gov Email: app_support@acf.hhs.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 93.576 | HHS-2012-ACF-ORR-ZI-0288 | Discretionary Grant Funds for Projects to Establish Individual Development Account (IDA) Programs for Refugees | PKG00117030 | Apr 17, 2012 | Jun 18, 2012 | View |
Package 1
Mandatory forms
165253 SF424_2_1-2.1.pdf
165253 SF424A-1.0.pdf
165253 SF424B-1.1.pdf
165253 PerformanceSite_1_4-1.4.pdf
165253 Project-1.1.pdf
165253 Budget-1.1.pdf
165253 GG_LobbyingForm-1.1.pdf
Optional forms
165253 Other-1.1.pdf
165253 FaithBased_SurveyOnEEO-1.2.pdf
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