The program is designed to assist low-income individuals and families to save for a life-changing asset and create wealth
The IDA Program is a matched savings program. Enrolled individuals receive match dollars while attending financial literacy workshops, developing budgets, obtaining knowledge on credit and implementing and developing an individual service financial plan.
To establish good savings habits, budgeting, gain financial and credit knowledge. Savings towards a financial goal. Creating Wealth.
The IDA Program serves Hunterdon, Morris, Somerset, Sussex & Warren Counties
- Enrolled individuals are required to attend a minimum of 16 hours of financial literacy classes
- Savings goals are: Homeownership; Small Business; Higher Education; Automobiles
- Applicants must meet program income guidelines