![]() Qualified participants set savings goals and make regular savings deposits. Participants also receive one-on-one counseling and 6+ hours of financial education covering topics such as budgeting, savings, credit, banking, taxes, and other money management strategies. ![]() Participants in the IDA program are eligible to receive up to $4,500 in state match funds towards one of the eligible asset goals mentioned above. IDA-2021-01 - Use of Funds and Social Security Numbers IDA-2020-04 - Return of Funds and Match Tool IDA-2020-03 - Guidance on Vehicles, Client Tracking, Foster Kids, and Dependents IDA-2020-02 - Guidance on Net Worth and Training IDA-2020-01 - Guidance on COVID-19 Response - Updated JIDA Match Amounts and Rates. Operating behind the rationale that income alone is not enough for individuals to break trends of generational poverty, the IDA program focuses on asset building as a key component towards family and self-sufficiency. The IDA program assists low-moderate income Hoosiers attain their goals through matched-savings incentives and financial education.
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