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Building our middle class remains one of the best ways to ensure a stable community. Just as good roads encourage trade, public structures that support savings encourage a stronger middle class. 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.
