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Individual Development Accounts United Way Agency Neighbor to neighbor initiative


General Information
Agency:  Community Action Services And Food Bank
Program name: Individual Development Accounts
Description : Individual Development Accounts are special matched savings accounts designed to help families and individuals of modest means establish a pattern of regular saving and ultimately, purchase a "productive asset", which is something of value that is likely to return substantial long-term benefits to its owner. The savings and match money (which is three matched dollars for every dollar saved) may be used to purchase a first home, small business, or education.
Hours of Operation: Call for an appointment
Eligibility Requirements: Individual or families, Utah residents, 18+ years old, Community Action client, & qualify based on income and family size. Must commit to save for 12-36 months, attend personal finance & money management workshops, attend peer-support meetings, & maintain regular contact with case manager.
Intake Procedure: none
Insurance Information: none
Languages Spoken: English, Spanish
Fees: Minimum of $15 saving deposits each month and no more then $62.50
Primary Contact: Doris, (801) 373-8200
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Address: 815 South Freedom Blvd, Suite 100
Provo, UT 84603
This location is handicap accessible
(See a map)

Directions:

   Nearest Bus Stop: 832 - Stop at 500 West & 920 South, 5-10 minute walk

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Categorization
*  Money Management
*  Adults
*  Low Income
*  Moderate Income
*  Poverty Level
*  Poverty Issues
 
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