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You are here: Home / Grant Duration>1 Year / ACL: Assistive Technology Alternative Financing Program

ACL: Assistive Technology Alternative Financing Program

Dated: June 20, 2024

The Administration for Community Living (ACL) is seeking applications for its Assistive Technology Alternative Financing Program.

Donor Name: Administration for Community Living

State: All States

County: All Counties

Type of Grant: Grant

Deadline: (mm/dd/yyyy) 08/12/2024

Size of the Grant: $500,000 to $1 million

Grant Duration: 1 Year

Details:

The purpose of the Assistive Technology (AT) Alternative Financing Program (AFP) is to support programs that provide for the acquisition of AT devices and services, such as a low-interest loan fund, an interest buy-down program, a revolving loan fund, a loan guarantee, an insurance program, or additional activities that result in the acquisition of AT devices and services.

The Consolidated Appropriations Act, 2024 authorizes the Department of Health and Human Services (HHS), Administration for Community Living (ACL) to fund one-year grant awards to support Assistive Technology (AT) Alternative Financing Programs (AFPs) that assist individuals with disabilities of any age to obtain services, financial assistance, and additional activities for the acquisition of AT devices and services. 

Under this Funding Opportunity Announcement (FOA), applicants must establish or expand one or more of the following types of AFPs: 

  • A low-interest loan fund. 
  • An interest buy-down program. 
  • A revolving loan fund. 
  • A loan guarantee or insurance program. 
  • A program operated for the purchase, lease, or other acquisition of assistive technology devices or assistive technology services. 
  • Another mechanism that provides financing and is approved by the Secretary.

Funding Information

  • Estimated Total Funding: $1,970,000
  • Award Ceiling: $700,000
  • Award Floor: $100,000

Project Period

12-months

Eligiblity Criteria

Eligible applicants include: domestic public or private non-profit entities including state and local governments, Indian tribal governments and organizations (American Indian/Alaskan Native/Native American), faith-based organizations, community-based organizations, hospitals, and institutions of higher education.

For more information, visit Grants.gov.

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