Refugee Individual Development Accounts (IDA) Program
The Office of Refugee Resettlement (ORR) within the Administration for Children and Families (ACF) announces funding for the Refugee Individual Development Accounts (IDAs) Program, which establishes and manages IDAs for low-income refugee participants.
In accordance with the Afghan Supplemental Appropriations Act, 2022, Refugee IDA programs funded under this Notice of Funding Opportunity (NOFO) will serve nationals of Afghanistan for whom refugee and entrant assistance is authorized who entered the United States on or after July 31, 202 1. Eligible participants (clients) who enroll in these projects will open and contribute systematically to IDAs for specified Savings Goals, including homeownership, securing rental housing, 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 (GED) Diploma preparation and test fees).
Recipient organizations must use ORR funds to provide financial literacy training, asset-specific training, and matching the savings in the IDAs.
The “match” mentioned in this NOFO 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 recipients 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.
In accordance with the Afghan Supplemental Appropriations Act, 2022, Refugee IDA programs funded under this Notice of Funding Opportunity (NOFO) will serve nationals of Afghanistan for whom refugee and entrant assistance is authorized who entered the United States on or after July 31, 202 1. Eligible participants (clients) who enroll in these projects will open and contribute systematically to IDAs for specified Savings Goals, including homeownership, securing rental housing, 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 (GED) Diploma preparation and test fees).
Recipient organizations must use ORR funds to provide financial literacy training, asset-specific training, and matching the savings in the IDAs.
The “match” mentioned in this NOFO 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 recipients 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.
Related Programs
Refugee and Entrant Assistance_Discretionary Grants
Department of Health and Human Services
Agency: Department of Health and Human Services
Office: Administration for Children and Families - ORR
Estimated Funding: $10,000,000
Office: Administration for Children and Families - ORR
Estimated Funding: $10,000,000
Who's Eligible
Obtain Full Opportunity Text:
Office of Postsecondary Education (OPE): Higher Education Programs (HEP): Native Hawaiian-Serving Institutions Program Assistance Listing Number 84.031W (Native Hawaiian); Notice Inviting Applications for New Awards for FY 2022
Additional Information of Eligibility:
Public or private non-profit agencies are eligible for awards under this announcement. Applications from individuals (including sole proprietorships) and foreign entities are not eligible and will be disqualified from competitive review and funding under this funding opportunity.
Faith-based and community organizations that meet the eligibility requirements are eligible to receive awards under this funding opportunity.
Faith-based organizations may apply for this award on the same basis as any other organization, as set forth at and, subject to the protections and requirements of 45 CFR Part 87 and 42 U.S.C.
2000bb et seq., ACF will not, in the selection of recipients, discriminate against an organization on the basis of the organization's religious character, affiliation, or exercise.
Full Opportunity Web Address:
https://www.govinfo.gov/content/pkg/FR-2022-03-29/pdf/2022-06566.pdf
Contact:
Agency Email Description:
Yimeem.vu@acf.hhs.gov
Agency Email:
Date Posted:
2022-06-10
Application Due Date:
Archive Date:
2022-08-24
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