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Find the help you need > Other Financial Assistance > Individual Development Accounts

Individual Development Accounts

Organizations that provide access to an asset building tool that is designed to enable low-income families to save towards a targeted amount, usually used for building assets in the form of home ownership, post-secondary education and small business ownership. States are authorized by the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 to create community-based IDA programs with TANF block grant funds, and to disregard all money saved in IDAs when determining eligibility for means tested government assistance. Although the program requirements vary from state to state, most are offered through a collaboration of organizations in a community including nonprofit organizations which recruit participants and provide financial planning services, banks or credit unions which provide matching funds (usually one or two dollars for every dollar saved), and foundations, state or federal government which provide financial support for the matching funds. The latter are also known as "matched savings accounts".

3 Locations offering the requested services. Providers are listed by city
Ark - United Ministry Outreach Center
640-A Barber St.
Athens, GA 30601
(706) 548-8155 Main Client Number
(706) 353-1153 Fax
Clarke County
(706) 548-8155 Main Client Number
CSRA Economic Opportunity Authority, Inc.CSRA Economic Opportunity Authority, Inc. - First Stop Village Office
1761 Broad St.
Augusta, GA 30904
(706) 364-6548 (SSVF) Supportive S...
Richmond County
(706) 922-8253 Main Client Number - Christel Jiles  
Zion Hill Community Development Corporation
2741 Bayard St.
East Point, GA 30344
(404) 766-3141 Main Client Number
(404) 766-3141 ext. 30 Continuum of Care
(404) 766-3186 Fax
Fulton County
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