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Assisting individuals in saving for various goals such as home ownership, education, or starting a small business, the program provides a 3-year matched savings initiative. The aim is to foster wealth accumulation and asset acquisition. Applicants undergo an IDA Orientation, sign a savings plan agreement, and open a personal saving account, depositing a minimum of $10 monthly while attending mandatory financial literacy classes.
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Offers a match savings program for low-income families who are saving up to buy a house, further their education, or start a business. Allows low-income elementary to high school age students to save for education tuition, supplies, fees, and computer equipment. For every $1 that qualified participants deposit, the IDA program will deposit an additional $2.
