Assets for Independence (AFI)

Success Story

Assets for Independence (AFI) is a community-based approach for giving low-income families a hand up out of poverty. Utilizing existing individual and community assets, AFI strengthens communities from within through the use of matched savings accounts called Individual Development Accounts (IDAs). Through financial education, AFI demonstrates the use and impact of IDAs to help low-income individuals move toward greater self-sufficiency.

Read More About AFI

  • Information for Prospective AFI Grantees

    Published: December 17, 2012
    The Assets for Independence (AFI) funding opportunity announcement (FOA) has been published and is available at
  • AFI Fact Sheet

    Published: September 17, 2014
    The Assets for Independence Program Summary includes information regarding the program's grant, including the type of grant, the appropriation amount, the
  • AFI Legislation: Assets for Independence Act 42 USC 604

    Published: May 30, 2012
    AFI was established by the Assets for Independence Act (AFI Act) in Title IV of the Community Opportunities, Accountability and Training and Educational
  • AFI Fact Sheet Apply for an AFI Grant

    Published: May 30, 2012
    AFI provides five-year grants to nonprofit organizations and government agencies that empower low-income families to become economically self-sufficient for the
  • Building Financial Capability

    Published: March 26, 2015
    Building Financial Capability: A Planning Guide for Integrated Services, is an interactive guide for community-based organizations interested in integrating
More Resources