Scout | Refugee Individual Development Accounts Program

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Refugee Individual Development Accounts Program

The Office of Refugee Resettlement (ORR) is planning to fund the Refugee Individual Development Accounts (RIDA) Program. This program helps low-income refugees save money in Individual Development Accounts (IDAs) for specific asset goals like buying a home, starting a business, purchasing a vehicle for education or work, obtaining professional certification, and pursuing postsecondary or conti…

Source

Agency: Administration for Children and Families - ORR

Award

Total Funding: $2M

Award Ceiling: $350,000

Award Floor: $250,000

Eligibility

university

government

nonprofit

tribal

Public and State controlled institutions of higher education

Public housing authorities/Indian housing authorities

State governments

Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education

Others (see text field entitled "Additional Information on Eligibility" for clarification)

Native American tribal organizations (other than Federally recognized tribal governments)

Independent school districts

Keywords

Refugee Resettlement

Individual Development Accounts

Low-Income Refugees

Asset Goals

Homeownership

Business Capitalization

Educational Vehicles

Professional Certification

Postsecondary Education

ORR Funding.

Supporting Links

Documents

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