Federal
U.S. Department of Health and Human Services (HHS) - Administration for Children and Families (ACF) - Office of Refugee Resettlement (ORR)
07/25/22 11:59 PM ET Receipt
Grants to USA private and public nonprofit agencies for programs that provide eligible refugees with financial counseling, training, and matched savings accounts. Applicants are advised that required registrations may take several weeks to complete. The program represents an anti-poverty strategy built on asset accumulation for low-income refugee individuals and families with the goal of promoting refugee economic independence.
IDAs are leveraged or matched savings accounts established in qualified financial institutions. In the Refugee IDA Program, IDAs are matched with federal funds that have been allocated as "match funds" from at least 65 percent of the annual federal grant award. The funds are intended for the asset goals specified in this announcement. Although the refugee client maintains control of all funds that the client deposits in the IDA, including all interest that may accrue on the funds, the client must sign a Savings Plan Agreement that specifies the funds in the account will be used only for the client's qualified asset goal(s) or for an emergency withdrawal.
The objectives of the Refugee IDA Program are to help clients:
New projects will accomplish these objectives by establishing programs that combine the provision of matched savings accounts with financial training and counseling.
IDAs are established for refugee clients at a qualified financial institution. Refugee clients will systematically contribute to the IDAs out of earned income to purchase specified asset goals. The primary focus of the asset goals in their Refugee IDA Program is limited to the following areas:
For a comprehensive discussion of eligible clients, see pp. 4-5 of the NOFO in Attached Files below.
For program requirements, see pp. 6-9 of the NOFO in Attached Files below.
GrantWatch ID#: 153104
$10,000,000
13
Award Ceiling: $750,000 Per Project Period
Award Floor: $500,000 Per Project Period
Anticipated Project Start Date: 09/30/2022
Projects under this NOFO will be fully funded for a period of 36 months.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Program Office Contact:
Yimeem Vu
Administration for Children and Families
Office of Refugee Resettlement
Division of Refugee Services
Mary E. Switzer Building
330 C Street, SW.
Washington, DC 20201
(202) 401-4825
Yimeem.vu@acf.hhs.gov
Office of Grants Management Contact:
Tim Chappelle
Administration for Children and Families
Office of Grants Management
Community Strengthening Grants
Mary E. Switzer Building
330 C Street, SW.
Washington, DC 20201
(202) 401-4855
Tim.chappelle@acf.hhs.gov
93.576
HHS-2022-ACF-ORR-ZI-0158
USA: Alabama; Alaska; Arizona; Arkansas; California; Colorado; Connecticut; Delaware; Florida; Georgia; Hawaii; Idaho; Illinois; Indiana; Iowa; Kansas; Kentucky; Louisiana; Maine; Maryland; Massachusetts; Michigan; Minnesota; Mississippi; Missouri; Montana; Nebraska; Nevada; New Hampshire; New Jersey; New Mexico; New York City; New York; North Carolina; North Dakota; Ohio; Oklahoma; Oregon; Pennsylvania; Rhode Island; South Carolina; South Dakota; Tennessee; Texas; Utah; Vermont; Virginia; Washington, DC; Washington; West Virginia; Wisconsin; Wyoming
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153104_PUBLICATION_COPY_HHS-2022-ACF-ORR-ZI-0158.pdf