FSCHC is in the ninth year of operating an IDA program, a savings program that matches individual savings with program “match money.”
There are four components of the IDA program:
- Savings by the client (to save $1,000 as a goal) in an account established for the program
- Goal formulation, financial literacy training, home pre-purchase and credit counseling provided by FSCHC counselors
- A “money match” of $3,000.00 to a client working to purchase a home or $2,000.00 to a client seeking an education or starting a business
- Successful graduation from the program through home-purchase, business launch or education completed.
There is currently a waiting list for the IDA. Contact the office for more information and to be added to the list.