In April, Congress agreed to an “Omnibus” spending bill, funding the federal government through September, but leaving out funding for Assets for Independence (AFI). AFI is a federal program that, for almost 20 years, been the largest source of funding for Individual Development Accounts (IDA’s). Despite advocacy efforts to save the program, as part of a $900 million cut to the Departments of Health and Human Services, Labor and Education, AFI’s $18.95 million in funding was eliminated. Read more about the Omnibus and its significant impact in this CFED Inclusive Economy blog post.In April, Congress agreed to an “Omnibus” spending bill, funding the federal government through September, but leaving out funding for Assets for Independence (AFI). AFI is a federal program that, for almost 20 years, been the largest source of funding for Individual Development Accounts (IDA’s). Despite advocacy efforts to save the program, as part of a $900 million cut to the Departments of Health and Human Services, Labor and Education, AFI’s $18.95 million in funding was eliminated. Read more about the Omnibus and its significant impact in this CFED Inclusive Economy blog post.