Individual Development Accounts-Coming Soon!
Does owning your own home, continuing your education or starting your own business seem like an impossible dream? It’s not. The key is saving, and we are here to help you fulfill your dreams. The IDA program is designed to help you save money. You decide how much you can save then every dollar you deposit in a savings account will be matched 2:1 by our program. You save $1,000 and we match it with $2,000 for a total of $3,000! If you are interested in one of the following, this program is designed for you.
Individual Development Accounts
Does owning your own home, continuing your education or starting your own business seem like an impossible dream? It’s not. The key is saving, and we are here to help you fulfill your dreams. The IDA program is designed to help you save money. You decide how much you can save then every dollar you deposit in a savings account will be matched 2:1 by our program. You save $1,000 and we match it with $2,000 for a total of $3,000! If you are interested in one of the following, this is for you.
▪ First Time Home Ownership
▪ Home Owner Occupied Repair
▪ Post-Secondary Education
▪ Specialized Skills Training
▪ Small Business Capitalization
Qualified applicants ust meet the following household guidelines
HOUSEHOLD
INCOME GUIDELINES
1 person: $21,660 or less
2 person: $29,140 or less
3 person: $36,620 or less
4 persons: $44,100 or less
5 persons: $51,580 or less
6 person: $59,060 or less
or be eligible for the Earned Income Tax Credit (EITC) or Temporary Assistance for Families (TAF)
Applicant’s household must have a net worth (market value of all assets that are owned in whole or in part by any member of the household, minus debt) less than $10,000. This EXCLUDES the home you live in and one motor vehicle.
Just like we helped others, we are waiting to help you, too.

