[Federal Register Volume 76, Number 130 (Thursday, July 7, 2011)]
[Notices]
[Page 39880]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-16973]



-----------------------------------------------------------------------



DEPARTMENT OF HEALTH AND HUMAN SERVICES



Administration for Children and Families




Announcement of a Grant Award



AGENCY: Office of Community Services, ACF, HHS.



ACTION: Announcement of the Award of an Assets for Independence Grant 

to the United Way of Abilene, Inc., Abilene, TX.



-----------------------------------------------------------------------



    CFDA Number: 93.602.



    Statutory Authority: Authorized under the Assets for 

Independence Act in Title IV of the Community Opportunities, 

Accountability, and Training and Educational Services Human Services 

Reauthorization Act of 1998, Public Law 105-285, as amended.

SUMMARY: The Administration for Children and Families (ACF), Office of 

Community Services (OCS), Division of Community Demonstration Programs 

announces the award of an Assets for Independence (AFI) demonstration 

grant to the United Way of Abilene, Inc. of Abilene, TX in the amount 

of $61,149.

    The purpose of this award is to enable the United Way of Abilene, 

Inc. to implement an Assets for Independence (AFI) project helping 

program participants save earned income in special-purpose, matched 

savings accounts called Individual Development Accounts (IDAs). Every 

dollar in savings deposited into an IDA by participants is matched, 

from $1 to $8 combined Federal and non-Federal funds, promoting savings 

and enabling participants to acquire a lasting economic asset. AFI 

project families use their IDA savings, including the matching funds, 

to achieve any of three objectives: acquiring a first home; 

capitalizing a small business; or enrolling in postsecondary education 

or training.

    Additionally, the United Way of Abilene, Inc. provides basic 

financial management training and supportive services, such as 

financial education on owning and managing a bank account; credit 

counseling and repair; guidance in accessing refundable tax credits, 

including the Earned Income Tax Credit and the Child Tax Credit; and 

specialized training in owning particular economic assets for the long 

term.



DATES: The project period for this award is November 1, 2010 through 

September 29, 2011.



FOR FURTHER INFORMATION CONTACT: James Gatz, Program Manager, Assets 

for Independence, Office of Community Services, Administration for 

Children and Families, U.S. Department of Health and Human Services, 

901 D Street, SW., 5th floor East, Washington, DC 20047. Telephone: 

202-401-5284; E-mail: [email protected].



    Dated: June 23, 2011.

Lynda E. Perez,

Acting Director, Division of Community Demonstration Programs, Office 

of Community Services.

[FR Doc. 2011-16973 Filed 7-6-11; 8:45 am]

BILLING CODE 4184-26-P