[Federal Register Volume 76, Number 138 (Tuesday, July 19, 2011)]
[Notices]
[Page 42712]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-18127]


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DEPARTMENT OF HEALTH AND HUMAN SERVICES

Administration for Children and Families


 Announcement of 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.

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    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 $126,974.
    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, 2011 through 
March 31, 2013.

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: July 13, 2011.
Lynda E. Perez,
Acting Director, Division of Community Demonstration Programs, Office 
of Community Services.
[FR Doc. 2011-18127 Filed 7-18-11; 8:45 am]
BILLING CODE 4184-26-P