Assets for Independence (AFI)

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.

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Latest AFI Resources RSS Feed

  • How to Apply for an AFI Grant

    December 17, 2012
    Application Due Dates We are accepting applications for funding new AFI projects now! All applications must be submitted electronically through Grants.gov

  • AFI Information Memorandums

    November 1, 2012
    AFI Information Memorandums (IM) details official policy on various topics. 

  • AFI Reports to Congress

    November 1, 2012
    The Office of Community Services provides reports to Congress on the status of AFI Program implementation. The reports are based largely on data submitted

  • AFI 11th Report to Congress (2010)

    October 11, 2012
    The Office of Community Services provides reports to Congress on the status of AFI Program implementation. The reports are based largely on data submitted

  • How to Apply for an AFI Grant

    December 17, 2012
    Application Due Dates We are accepting applications for funding new AFI projects now! All applications must be submitted electronically through Grants.gov

  • Assets for Independence Program Summary

    July 5, 2012
    The Assets for Independence Program Summary includes information regarding the program's grant, including the type of grant, the appropriation amount, the

  • AFI Legislation

    May 30, 2012
    AFI was established by the Assets for Independence Act (AFI Act) in Title IV of the Community Opportunities, Accountability and Training and Educational

  • Serving People With Disabilities

    April 26, 2012
    AFI grantees and their partner organizations report that some people with disabilities are having trouble accessing and using IDAs. Because they are

  • Financial Education

    April 26, 2012
    Financial education is an important part of every AFI project. Many participants say the financial education classes are among the most helpful aspects of AFI
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