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Community Action Agencies have been offering IDAs all across North Dakota since 2002 with quite a bit of success!  Participants have saved up to $2,000 in their IDA which was matched at a rate of 2:1 towards their asset purchase.

Amanda of Fargo used her IDA to purchase
her first home!
“I used my IDA to purchase my first home!  The IDA program was really easy and the staff was really helpful in working with me to achieve my goal.”

 

Britney, originally from Western North Dakota, used her IDA to pay for tuition at University of North Dakota in Grand Forks!
“I had my own personal savings, but not enough to cover four years of college.  The money from my IDA went toward my senior year’s tuition and really helped me in setting goals with money.  It was encouraging for me to put as much into the account as possible because I knew it would be matched times two.  I looked forward to getting my statements each quarter to see my progress.  I am very grateful that I qualified for this program and I recommend it to others to utilize to achieve their educational goals.”

Michelle of Fargo used her IDA to expand her small business!
“Through the IDA program I have saved over $1,600 and it has been matched 2:1 therefore cumulatively I have received $4,800.   With these dollars I have purchased photography computer software, studio props, paid a portion of studio rent, and rented a Santa for holiday picture packages.  Without the IDA I would have not had the resources to make these purchases and expand my business. I never thought my dream would become a reality!  I am so proud of my business; my studio is beautiful, high ceilings, perfect set-up, low rent!”

 

 

 

 

 

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