Projects to Establish Individual Development Account (IDA) Programs for Refugees

HHS-2013-ACF-ORR-ZI-0572



Summary

Funding Opportunity Title:

Projects to Establish Individual Development Account (IDA) Programs for Refugees

Funding Opportunity Number (FON):  

HHS-2013-ACF-ORR-ZI-0572

Program Office:

Office of Refugee Resettlement

Funding Type:

Discretionary

Funding Category:

Grant

Announcement Type:

Initial

CFDA#:

93.576

Post Date:

04/18/2013

Application Due Date:

06/17/2013



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 education, college entrance exam fees, Test of English as a Foreign Language (TOEFL) and GED preparation and test fees). 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.