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Accepting Applications Now!

Additional Application Due Date & Special Call Series
Last Chance for FY 2008 Funding
Due Date: June 25, 2008

The Office of Community Services recently announced a new summer application cycle for the Assets for Independence program. The summer application due date is Wednesday, June 25, 2008. This will be the final application cycle in fiscal year 2008.

The Assets for Independence (AFI) program awards five-year grants to nonprofit organizations, including faith-based organizations, and government agencies, that empower low-income families to be economically self-sufficient for the long-term. Grantees provide financial education training on financial matters and money management, and they assist participants with saving earned income in special matched savings accounts called Individual Development Accounts (IDAs). Participants use the IDAs to save to acquire a home, capitalize a business, or attend post-secondary education or training.

Eligible Grantees:

Nonprofit organizations, including faith-based groups, with 501(c)(3) tax exempt status.
State, local and Tribal government agencies that apply jointly with a nonprofit.
Community Development Financial Institutions.
Low-Income Designated Credit Unions.
Organizations that propose to implement an AFI Project with sub grantees across a wide area such as across the nation or throughout a State or region.

Special Orientation Conference Calls / Webinars for Applicants

The AFI Resource Center will host free conference calls / Webinars for prospective grantees in May and June. The calls will cover application requirements and hints and tips for writing a successful grant application and designing strong IDA projects. Featured speakers will include federal program officials and representatives of current grantees. Dates and times as as follows. Click here for more information and to register for a call / webinar!

Thursday, May 29, 2:00 - 3:15 p.m. EST -- Program Overview and How to Apply
Tuesday, June 3, 2:00 - 3:15 p.m. EST -- Tips for Writing a Winning AFI Application

The AFI Resource Center is distributing free recordings of additional "how to" webinar presentations. Click here for details and to request a copy.

Step-by-Step Guidebook for Applicants

The AFI Project Builder is a downloadable booklet that gives step-by-step guidance and suggestions about designing an IDA project. It is an invaluable tool for writing an AFI grant proposal. Download a copy here.

Application Kit -- All the Forms and Information You Need to Apply

Please contact the AFI Resource Center at AFIProgram@acf.hhs.gov or call us at (202) 401-4626 to request an application kit or ask a question. Go to the AFI web site for complete information about the program and application requirements.

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