Refugee Individual Development Accounts (IDA) Program

Archived

Administration for Children and Families - ORR

Description

MODIFICATION: ORR has modified the FOA from its original version to extend the due date to June 21, 2021 to reflect the observation of Juneteenth on June 18, 2021. This is the only modification to the announcement. 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 manages IDAs for low-income refugee participants. Eligible refugee participants (clients) who enroll in 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 recipients 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.

Who can apply

  • State governments
  • County governments
  • City or township governments
  • Special district governments
  • Independent school districts
  • Public and State controlled institutions of higher education
  • Native American tribal governments (Federally recognized)
  • Public housing authorities / Indian housing authorities
  • Native American tribal organizations (other than Federally recognized)
  • Nonprofits with 501(c)(3) status (other than higher education)
  • Nonprofits without 501(c)(3) status (other than higher education)
  • Private institutions of higher education
  • Others

Contact

Yimeem Vu<br/>Yimeem.Vu@acf.hhs.gov
Yimeem.Vu@acf.hhs.gov

Key dates & funding
  • PostedApr 19, 2021
  • ClosesJun 21, 2021
  • Award floor$100,000
  • Award ceiling$250,000
  • Program funding$1,900,000
  • Expected awards7
  • CFDA93.576

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