IDAs and IHFA

Courtesy of Sage Idaho (Region III's version of RIVDA) - note the Twin Falls number at bottom. Another ally for us??

Note also that participants need at least 10 hours of training.

Individual Development Account (IDA) Program Launched

Idaho Housing and Finance Association (IHFA) recently teamed up with United Way of Treasure Valley to help Idaho families and individuals become financially independent through the Individual Development Account (IDA) program. The IDA is a matched savings account for individuals and families to help build assets and enter the financial mainstream.

The program matches an individual’s savings up to a maximum of $2,000 at a rate of two to one. The individual’s savings plus the match, up to a total of $6,000, can be used to start or enhance a small business, pursue education, or purchase a home.

Program participants are involved in case management and a minimum of ten hours of financial training specific to the investment they are purchasing.

For applicant eligibility and requirements, please contact IHFA’s branch office nearest you:
Coeur d’Alene Branch Office: 866-621-2994
Lewiston Branch Office: 866-566-1727
Idaho Falls Branch Office: 866-684-3756
Twin Falls Branch Office: 866-234-3435