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AFI IM Closeout Procedures

Information Memorandum 2005-01
August 1, 2005

Guidance on required procedures and timelines for completing and finalizing AFI Grants.

AFI IM Procedures for Requesting a No-Cost Extension

Assets for Independence Program Information Memorandum 2005-02
August 1, 2005

Although the general policies in this IM are still relevant, the procedure for requesting a no-cost extension has changed with the implementation of GrantSolutions. Go to the Overview on Project Changes for more information on requesting a no-cost extension.

Dear Colleagues:

The purpose of this is to provide Assets for Independence (AFI) grantees with information about domestic violence awareness resources because AFI grantees have an important role in helping families struggling with domestic violence. The attached letter is released in partnership with the Family and Youth Services Bureau, Division of Family Violence Prevention and Services, celebrating 30 years as the primary federal funding stream for domestic violence shelters, supportive services, and the national domestic violence hotline (www.acf.hhs.gov/fvpsa).

AFI DCL EITC Awareness Day

Increase Access to EITC and Connect Tax Refunds to Asset Building
April 1, 2015

Dear Colleagues,

The federal Earned Income Tax Credit (EITC) is one of the largest IRS public benefits for low-income households. The EITC is a refundable credit for families and individuals that work but earn low wages. It is a powerful work incentive and anti-poverty tool.

This brief shares lessons learned from three local intermediary organizations that have supported nonprofits in their efforts to integrate financial capability services into existing program. Financial capability is the capacity—based on knowledge, skills, and access—to manage financial resources effectively.

AFI PPR Short Form Overview

This webinar from 2016 identifies important federal offices that AFI grantees need to know and goes over key early steps for AFI grantees.

AFI IM Revised Programmatic Reporting Requirements

Assets for Independence Program Information Memorandum 2017-03
November 21, 2017

The purpose of this Information Memorandum (IM) is to revised programmatic reporting requirements.

Please see the attached full Information Memorandum for details.

Clarification of the Grandfather Clause at Section 405(g) of the AFI Act.

The AFI program was authorized under the Assets for Independence Act in Title IV of the Community Opportunities, Accountability, and Training and Educational Services Human Services Reauthorization Act of 1998, P.L. 105-285 (the AFI Act). The AFI Act includes Sections 401 through 416.

(g) GRANDFATHERING OF EXISTING STATEWIDE PROGRAMS.--Any statewide individual asset-building program that is carried out in a manner consistent with the purposes of this title, that is established under State law as of the date of enactment of this Act, and that as of such date is operating with an annual State appropriation of not less than $1,000,000 in non-Federal funds, shall be deemed to meet the eligibility requirements of this subtitle, and the entity carrying out the program shall be deemed to be a qualified entity. The Secretary shall consider funding the statewide program as a demonstration project described in this subtitle. In considering the statewide program for funding, the Secretary shall review an application submitted by the entity carrying out such statewide program under this section, notwithstanding the preference requirements listed in subsection (d). Any program requirements under sections 407 through 411 that are inconsistent with State statutory requirements in effect on the date of enactment of this Act, governing such statewide program, shall not apply to the program.

AFI IM Clarification on Eligibility Determination and Participant Selection

Assets for Independence Program Information Memorandum 2017-02
January 17, 2017

The purpose of this Information Memorandum (IM) is to provide clarification related to Sections 408 and 409 of the Assets for Independence Act.

Please see the attached full Information Memorandum for details.