New grant opportunity on Grants.gov: Refugee Individual Development Accounts (IDA) Program

Funding Opportunity ID: 298032 Opportunity Number: HHS-2018-ACF-ORR-ZI-1338 Opportunity Title: Refugee Individual Development Accounts (IDA) Program Opportunity Category: Discretionary Opportunity Category Explanation: Funding Instrument Type: Grant Category of Funding Activity: Income Security and Social Services Category Explanation: CFDA Number(s): 93.576 Eligible Applicants: State governments County governments City or township governments Special district governments Independent school districts Public and 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) 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 institutions of higher education Others (see text field entitled "Additional Information on Eligibility" for clarification) Additional Information on Eligibility: Public or private non-profit agencies are eligible for awards under this announcement. Faith-based and community organizations that meet the eligibility requirements are eligible to receive awards under this funding opportunity announcement. 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. Agency Code: HHS-ACF-ORR Agency Name: Department of Health and Human Services Administration for Children and Families - ORR Posted Date: Mar 16, 2018 Close Date: May 15, 2018 Electronically submitted applications must be submitted no later than 11:59 p.m., ET, on the listed application due date. Last Updated Date: Mar 16, 2018 Award Ceiling: $250,000 Award Floor: $100,000 Estimated Total Program Funding: $2,000,000 Expected Number of Awards: 8 Description: 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 General Education Development General (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. Version: 1

Published at: March 20, 2018 at 03:15AM
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