Visit coronavirus.govVisit disclaimer page for the latest Coronavirus Disease (COVID-19) updates.View ACF COVID-19 Responses and Resources
Visit coronavirus.govVisit disclaimer page for the latest Coronavirus Disease (COVID-19) updates.View ACF COVID-19 Responses and Resources
Assets for Independence (AFI)
Success Story
No funds were appropriated for the Assets for Independence (AFI) program for federal fiscal year 2017. Therefore, the Administration of Children and Families (ACF) will not be making new grant awards for the AFI program.AFI grants awarded in FY 2016 and before are not affected by the FY 2017 appropriation, as the total award amount was obligated for those grants at the time that they were made. Organizations operating AFI projects with existing grants are responsible for continuing to operate those projects for the funded project period indicated on the notice of grant award. |
Assets for Independence (AFI) is a community-based approach for giving low-income families a hand up out of poverty. Utilizing existing individual and community assets, AFI strengthens communities from within through the use of matched savings accounts called Individual Development Accounts (IDAs). Through financial education, AFI demonstrates the use and impact of IDAs to help low-income individuals move toward greater self-sufficiency.
Notice:
The Assets for Independence (AFI) program does not provide direct grants to individuals; AFI does not charge a fee for receiving a grant. If you receive a message offering you an AFI grant or requesting a fee, please contact the U.S. Department of Health and Human Services (HHS) Fraud Hotline at 1-800-447-8477.
For more information, please visit the Grant Fraud and Scams site. Also review ACF’s Disclaimers website, here.
AFI Resources
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Partnership to Address COVID-19 Spread
Thank you for your continued engagement and partnership with us to address and mitigate the spread of COVID-19. We highly value our strong ongoing partnership,AFI Report to Congress (17th) FY 2016
The Office of Community Services (OCS) provides annual interim reports to Congress on the Assets for Independence (AFI) program, as required by SectionAFI Fact Sheet
The Assets for Independence Program Summary includes information regarding the program's grant, including the type of grant, the appropriation amount, theAFI Case Studies: Integrating Financial Capability Services into Tribal TANF
The brief describes the experience of the Pascua Yaqui Indian Tribe, which worked to integrate financial capability services into its TANF program.AFI Resource Guide: Integrating Financial Capability Services into State Temporary Assistance for Needy Families (TANF) Agencies
The brief shares lessons and approaches for how state TANF agencies can integrate financial capability services into TANF and other emergency assistance
AFI Fact Sheet
The Assets for Independence Program Summary includes information regarding the program's grant, including the type of grant, the appropriation amount, theAFI Resource Guide: Building Financial Capability
Building Financial Capability: A Planning Guide for Integrated Services (available for download below), is an interactive guide for community-basedAFI Legislation: Assets for Independence Act 42 USC 604
AFI was established by the Assets for Independence Act (AFI Act) in Title IV of the Community Opportunities, Accountability and Training and EducationalHelp with Buying a Home
Program Assets for Independence (AFI), a Federal program administered by the Department of Health and Human Services (HHS), enables nonprofits and governmentHelp Starting a Business
Assets for Independence (AFI), a Federal program administered by the Department of Health and Human Services (HHS) enables nonprofits and government agencies to