Legislative Authority

AFI was established by the Assets for Independence Act (AFI Act) (PDF 117k) in Title IV of the Community Opportunities, Accountability and Training and Educational Services Human Services Reauthorization Act of 1998, P.L. 105-285. It was subsequently amended in December 2000.

Guidance for AFI Grantees on the Equal Treatment Regulations

Grantees are subject to the requirements in 45 CFR Part 74 (non-governmental) or 45 CFR Part 92 (governmental). Here's what you need to know about the Equal Treatment Regulations.

Guidance for AFI Grantees on Federal Tax Credits

Many low-income individuals and families who are eligible for AFI-funded IDA projects are also eligible to receive benefits from Federal refundable tax credits. These include the Federal Earned Income Tax Credit, Child Tax Credit, American Opportunity Credit, and the Making Work Pay Credit.

This Guidance for AFI Grantees on Federal Tax Credits provides tips for AFI grantees on: 1) The effect of these credits on eligibility for participating in an AFI-funded IDA project; and 2) Depositing the credits as IDA savings.

Guidance for AFI Grantees on the New Financial Reporting Form

All AFI grantees are required to provide updates on their financial progress by completing reports on the status of all Federal and non-Federal dollars in their Project Reserve Fund. 

Effective immediately, all AFI grantees must use the new Federal Financial Report form (SF 425) form instead of the SF 269 form.  SF 269s will no longer be accepted for financial  reports. Please see this Guidance for AFI Grantees on the New Financial Reporting Form for instructions on completing and submitting the SF 425 form.

Guidance for AFI Grantees on the Effect of 2010 Tax Law on Eligibility Determination

We wanted to share important information about provisions of the new federal tax law that affect eligibility for services through federally-funded programs. In addition to a summary of key points for AFI grantees, the Guidance on Effect of 2010 Tax Law on Eligibility Determination provides an in-depth description of the law.