Gateway Community Action Partnership’s Individual Development Account (IDA) program is conducting sign-ups for a program that offers matched savings for income eligible participants.
The program offers participants the opportunity to save money and have those savings matched dollar for dollar and enhance a participant’s capability of saving for their future.
For example, if a participant saves $4,500 during the 36-month period, takes part in personal finance and money management sessions and is saving for home ownership, post- secondary education or small business startup, that $4,500 will be matched by the program. By saving $4,500, the participant would have $9,000 in overall savings at the end of three years. Participants must make a $10 minimum weekly deposit for a at least six months and attend