Refugee Individual Development Accounts Program
ID: 355566Type: Forecasted
Overview

Buyer

Administration for Children and Families - ORR (HHS-ACF-ORR)

Award Range

$250K - $350K

Eligible Applicants

Others

Funding Category

Income Security and Social Services

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/355566
Timeline
    Description

    The Administration for Children and Families - ORR is forecasting a grant opportunity titled "Refugee Individual Development Accounts Program". This program aims to establish and manage Individual Development Accounts (IDA) for low-income refugee participants. The IDAs will be used for specified asset goals such as homeownership, business capitalization, vehicles for educational or work purposes, professional certification, and education. Recipient organizations may provide matches for the savings in the IDAs, with up to $3,000 per individual refugee and $6,000 per refugee household. The program expects to make 6 awards with an estimated total program funding of $2,000,000. Eligible applicants include public or private non-profit agencies. The application deadline is May 1, 2025, at 11:59 pm Eastern Standard Time. For more information, contact Yimeem Vu at Yimeem.Vu@acf.hhs.gov or 202-401-4825.

    Point(s) of Contact
    Yimeem Vu
    (202) 401-4825
    Yimeem.Vu@acf.hhs.gov
    Files
    No associated files provided.
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