Assistive Technology Alternative Financing Program
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Assistive Technology Alternative Financing Program (AT AFP) aims to support initiatives that facilitate the acquisition of assistive technology devices and services through various financial mechanisms, including low-interest loans, interest buy-down programs, revolving loan funds, loan guarantees, or insurance programs. Grant applicants are required to demonstrate how their programs will enhance consumer choice and control, ensuring that participants have meaningful options in obtaining assistive technology. Additionally, programs are encouraged to incorporate credit-building strategies such as financial education and guidance on alternative funding sources. Successful applicants must design programs that offer comprehensive financing solutions covering the full range of assistive technology devices and services. The program emphasizes inclusivity, striving to serve people with disabilities irrespective of their type of disability or health condition, age, income level, or geographic location. This contract opportunity is provided by the Administration for Community Living under the Department of Health and Human Services, with Robert Groenendaal as the point of contact for further information.
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Full Description
The purpose of the Assistive Technology (AT) Alternative Financing Program (AFP) is to support programs that provide for the purchase of AT, such as a low-interest loan fund, an interest buy-down program, a revolving loan fund, a loan guarantee, or an insurance program, that results in the acquisition of AT devices and services. Applicants for the AT AFP grant awards are required to provide an assurance that, and information describing the manner in which, the AT AFP will expand and emphasize consumer choice and control. Applicants should incorporate credit-building activities in their programs, including financial education and information about other possible funding sources. Successful applicants must emphasize consumer choice and control and build programs that will provide financing for the full array of AT devices and services and ensure that all people with disabilities, regardless of type of disability or health condition, age, level of income, and residence, have access to the program.
