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Native Asset Building Initiative - Assets for Independence Partnership

Published: August 15, 2012
Audience:
Social and Economic Development Strategies (SEDS)
Topics:
Applicant Resources, Economic Development, Native Asset Building Initiative, Strengthening Families, Training and Technical Assistance
Types:
Informational Sheet
Tags:
Joint FOA, NABI, Native Asset Building Initiative

Asset-Building for Native Communities: A Collaboration Between OCS and ANA

The Native American Asset-Building Initiative is a partnership between the Administration for Native Americans (ANA) and Office of Community Services (OCS).  The Initiative focuses on building the capacity of tribes and Native organizations to effectively plan projects and develop competitive applications for funding under the Office of Community Services’ Assets for Independence (AFI) program. 

Joint Funding Opportunity Announcement (FOA)

OCS and ANA will accept applications to establish and administer asset building projects with a focus on AFI projects. Grantees will provide an array of supports and services to enable low income individuals and families to become economically self-sufficient for the long-term.

Read the FOA!

About AFI:

The AFI program supports innovative asset-building projects that feature Individual Development Accounts (IDAs), financial education, and related services that enable low-income people to improve their economic status and become economically self-sufficient.

What is an IDA?
IDAs are matched savings accounts that enable low-income and low-wealth individuals to save for a specified goal within a defined time frame.

IDA savings placed in an AFI account can be used to build assets in three areas:

  • Homeownership
  • Business capitalization
  • Post-secondary education and training

For more information about the AFI program, please visit their website and resource center.

Native Asset-Building Training

The Administration for Native Americans (ANA) provides workshops to assist tribes and native non-profits to prepare competitive applications.  To see a schedule of these trainings, check the events page.  These pre-application training sessions are offered free of charge to tribes and Native American, Native Alaskan and Native Hawaiian and Pacific Islander non-profit organizations.

To register and confirm dates and locations, please contact your regional T/TA Provider.

Check out our Native Asset Building Initiative Resources for more training and other information!