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INDIVIDUAL DEVELOPMENT ACCOUNTS
Does owning your own home, continuing your education or starting your
own business seem like an impossible dream? It’s not. The key is
saving, and we are here to help you fulfill your dreams.
The IDA program is designed to help you save money. You decide how
much you can save then every dollar you deposit in a savings account
will be matched 2:1 by our program. You save $1,000 and we match it
with $2,000 for a total of $3,000!
If you are interested in one of the following,
this is for you.
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First Time Home Ownership
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Home Owner Occupied Repair
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Post-Secondary Education
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Specialized Skills
Training
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Small Business Capitalization
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Qualified applications must:
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Reside in Reno, Kingman, Pratt or Harper
County
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Must meet the following household guidelines
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HOUSEHOLD |
INCOME GUIDELINES |
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1 |
$20,808 or less |
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2 |
$28,008 or less |
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3 |
$35,208 or less |
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4 |
$42,408 or less |
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5 |
$49,608 or less |
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6 |
$56,808 or less |
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7 |
$64,008 or less |
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8 |
$71,208 or less |
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or be eligible for the Earned Income Tax Credit (EITC) or
Temporary Assistance for Families (TAF) |
Applicant’s household must have a net worth
(market value of all assets that are owned in whole or in part by any
member of the household, minus debt) less than $10,000. This
EXCLUDES the home you
live in and one motor vehicle.
Just like we helped others, we are waiting to
help you, too.
Support for this
IDA Program was provided by a
grant from the Hutchinson Community
Foundation -
Fund for
Hutchinson
Information/Application
Request
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