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FW: Assets for Independence Demonstration Program

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  • Glenn Brown
    FYI ... From: Brimhall, Megan (HHS/OS) [mailto:Megan.Brimhall@HHS.GOV] Sent: Friday, May 28, 2004 1:19 PM To: FAITH_BASED_INITIATIVE@LIST.NIH.GOV Subject:
    Message 1 of 1 , Jun 7, 2004
      -----Original Message-----
      From: Brimhall, Megan (HHS/OS) [mailto:Megan.Brimhall@...]
      Sent: Friday, May 28, 2004 1:19 PM
      Subject: Assets for Independence Demonstration Program

      Assets for Independence Demonstration Program
      WHO: State, county, or city governments or agencies; Public Housing
      Authorities; Tribal governments; non-profits; faith-based organizations;
      private institutions of higher education; Low Income Credit Unions so
      designated by the, National Credit Union Administration; Community
      Development Financial Institutions so designated by the U.S. Treasury;

      WHAT: Projects designed to assist low-income people in becoming
      economically self-sufficient. They do so by helping clients learn about
      economic and consumer issues and establish matched savings accounts
      called Individual Development Accounts (IDA) in order to save for a
      first home, a business or higher education.
      WHEN: Applications due July 27, 2004.
      AWARD AMOUNT: Approximately $18 million is expected to fund around 55
      awards. The average anticipated award amount is $360,000 over 5 years.
      CONTACT: For a link to the full program announcement, head to
      v/2004/04-12129.htm>. For additional information on the program, please
      contact James Gatz at (202) 401-4626 or email AFIProgram@...

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