The Administration on Disabilities (AoD), within the Administration for Community Living (ACL), announces a three-year cooperative agreement to expand financial literacy and empowerment using ABLE accounts and other savings vehicles.
Donor Name: Administration for Community Living
State: All States
County: All Counties
Type of Grant: Grant
Deadline: (mm/dd/yyyy) 08/03/2026
Size of the Grant: More than $1 million
Grant Duration: 3 Years
Details:
This initiative addresses the unmet needs of millions of Americans with disabilities who lack financial security, in part due to limited awareness of available financial tools. Research consistently demonstrates that financial stability is a key social determinant of health, directly influencing both physical and mental well-being.
Access to financial tools such as savings mechanisms, financial education, and asset-building opportunities can:
- Strengthen long-term financial stability and affordability.
- Reduce financial strain.
- Build economic resilience.
- Empower individuals to achieve greater independence, opportunity, and full participation in their communities.
Allowing eligible people with disabilities to save for qualified disability expenses such as:
- Housing
- Education
- Transportation
- Health care
Goals
- To help more people with disabilities learn about, open, and use ABLE accounts by making information easy to find, understand, and use
- To strengthen financial literacy, so people feel confident managing their money and saving for the future.
- By linking ABLE accounts to existing systems and working with community partners, people with disabilities will ultimately achieve greater financial security, independence, and opportunity.
Strategic Focuses
The strategy focuses on:
- Embedding ABLE within key systems and decision points.
- Strengthening community-based outreach through trusted networks.
- Implementing a national marketing effort to increase awareness and engagement.
Funding Information
- Expected total program funding over the performance period: $3,000,000 (estimate)
- Expected total program funding per budget period: $1,000,000
- Funding range per applicant per budget period: $1,000,000 to $1,200,000.
Grant Period
September 30, 2026 to September 29, 2029.
Eligibility Criteria
Only these types of organizations may apply:
- Domestic public or private non-profit entities including state or local governments.
- Indian tribal governments and organizations (American Indian / Alaskan Native / Native American)
- Faith-based organizations.
- Community based organizations.
- Hospitals.
- Institutions of higher education.
For more information, visit Grants.gov.
