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Individual Development Accounts (IDAs) provide an opportunity for low-income people to learn the financial skills they need to earn more money, give back to their communities and build Oregon’s economy.
Qualified participants set savings goals and make monthly savings deposits. Every dollar they save is matched to help them reach their goals so they can:
- Launch a new business.
- Get the higher education and professional training needed to qualify for a better job.
- Purchase a new home and create thriving, stable neighborhoods.
- Make needed repairs to a home that is no longer habitable.
- Purchase technology needed to work, such as hearing aids or a wheelchair accessible van.
For more information on the program, read Portland State University's Evaluation Report to learn more about how the Oregon IDA Initiative has made a difference in the lives of Oregonians. See The Oregonian's coverage of how the IDA program changes lives and transforms communities. Read a press release about our 2011 community partner grantees.
For resources resented at the "Rebuilding the Path of Opportunity: 2011 Oregon Asset Builders' Conference" please click here.
For resources resented at the "Rebuilding the Path of Opportunity: 2011 Oregon Asset Builders' Conference" please click here.
IDA Fiduciary Organizations, log-in here.
