Refugee Individual Development Accounts (IDA) Program

The Office of Refugee Resettlement (ORR) within the Administration for Children and Families (ACF) announces funding for the Refugee Individual Development Accounts (IDAs) Program, which establishes and managesIDAs for low-income refugee participants.

Eligible refugee participants who enroll in

credit:


these projects will open and contribute systematically to IDAs for specified Savings Goals, including homeownership, business capitalization, vehicles for educational or work purposes, professional certification, and education (limited to postsecondary and/or continuing education, college entrance exam fees, Test of English as a Foreign Language (TOEFL) and General Education Development (GED) Diploma preparation and test fees).

Grantee organizations may use ORR funds to provide matches for the savings in the IDAs of up to $2,000 per individual refugee and $4,000 per refugee household.

The “match” mentioned in this announcement does not refer to the applicant finding additional funds to match funds being provided by the Federal government; it is the portion of federal funds to be allocated for matching clients' IDA savings.

Successful grantees will be expected to coordinate their policies and procedures for developing and administering refugee IDA projects with ORR and with the existing refugee IDA network.
Related Programs

Refugee and Entrant Assistance_Discretionary Grants

Department of Health and Human Services


Agency: Department of Health and Human Services

Office: Administration for Children and Families - ORR

Estimated Funding: $2,500,000





Obtain Full Opportunity Text:
https://ami.grantsolutions.gov/HHS-2019-ACF-ORR-ZI-1555

Additional Information of Eligibility:
Public or private non-profit agencies are eligible for awards under this announcement.

Faith-based and community organizations that meet the eligibility requirements are eligible to receive awards under this funding opportunity announcement.

Applications from individuals (including sole proprietorships) and foreign entities are not eligible and will be disqualified from competitive review and from funding under this announcement.

Full Opportunity Web Address:
https://ami.grantsolutions.gov/HHS-2019-ACF-ORR-ZI-1555

Contact:


Agency Email Description:
ACF Applications Help Desk

Agency Email:


Date Posted:
2019-04-17

Application Due Date:


Archive Date:
2019-07-18



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