Assets for Independence Act (AFIA), (passed as title IV of Coats Human Services Reauthorization Act of 1998 Pub.
L. 105–285 (text) (PDF)), is an American law which provides $125 million over five years to fund Individual Development Accounts (IDA).
Individual Development Accounts are matched savings accounts that help low-income people save for a particular goal, such as buying a home, paying for post-secondary education, or starting or expanding a small business.
[4] The AFI Program is administered by the Office of Community Services, within the U.S. Department of Health and Human Services, Administration for Children and Families.
CFED is well known in the field as the expert on Individual Development Accounts, as well as other asset building programs and policies.