Individual Development Accounts

A savings match program for eligible low-income asylees, refugees and immigrants.

 

We will match any savings goal dollar-for-dollar, up to $4,000 for families and up to $2,000 for individuals. Participants can save for a big purchase that would otherwise be inaccessible, such as a down payment on a car or house, or seed money for a small business.

 

Since 2007, 445 refugees purchased assets with a value of $4.179 million, and 106 opened savings accounts for the first time.​