The Indiana Individual Development Account Program was created in an effort to assist in the fight against poverty and build more assets for Hoosiers around the state.
Individual Development Accounts (IDA) are savings accounts designed to encourage low-income families to save for the purchase of a home, invest in a higher education for the individual or for a minor child or for the starting or expansion of a small business. What the individual/family saves will be matched 3 to 1 by the program within the 4-year program time period (if you put in $300, the State would put in $900).
Area IV is an IDA approved agency with a limited number of opportunities for people to join the program. At this time, there are no opportunities available.