Matched Savings
Bridges Community Action Partnership is proud to offer the Individual Development Account (IDA) program, a matched savings program that assists eligible individuals build healthy savings habits and purchase assets such as homes, small businesses, and college tuition. If you are interested in learning more about building your savings and purchasing assets please contact your local Bridges CAP office and they can see if this program is the right fit for you.
Services May Include:
· Working with Bridges CAP staff to develop savings plan
· Access to general financial education and asset specific financial education
· Work with Bridges CAP staff to address credit and debt issues that would prevent asset purchase
· Support in connecting to lenders to finance asset purchase
Who Is Eligible?
· Low-Moderate income household, generally under 200% of FPL
· Assets under $10,000
· Have earned-income