Individual Development Account (IDA) Program

The Individual Development Account (IDA) program is a matched savings program to help qualified individuals save toward the purchase of a “productive” asset. An asset is something of value that is likely to return substantial long-term benefits to its owner - benefits like security, stability, and opportunities for more income.

All participants in the IDA program take part in a personal finance and money management series designed to help them establish regular savings deposits and prepare for asset ownership. The more money they save, the more match money they can receive to put towards buying a home, attending college, or starting a small business. It’s a win-win situation!

Anyone interested in finding out more about Anderson Interfaith Ministries’ IDA Program should attend one of the regularly scheduled orientation sessions. Enrollment applications are distributed during orientations. To find out the dates and locations of upcoming orientations, or to receive additional information or ask a specific question, call Anderson Interfaith Ministries at (864) 226-2273