Individual Development Accounts (IDA)
Matched savings programs that help low-moderate income people learn how to manage and save money to purchase specific assets.
Workshops beginning soon!
35 Oak Street
New Britain, CT
Monday – Thursday
8:30 am – 4:30 pm
- Help you save for a degree or job training, your first home, or your own business
- Will match $8 for every $1 you save towards your goal
- Help you save for a degree or job training, your first home, your own business, your child's education (529 plan), a deposit on a rental apartment, or a car (if needed for employment)
- Will match $2 for every $1 you save towards your goal
These services are free of charge to those who meet the eligibility requirements. All information is strictly confidential.
2016 Participants Saved & Purchased
20 became 1st time homeowners
4 added savings to CHET accounts
49 continued their education
2 got a car to go to work
2 put down a security deposit on an apartment
2 purchased a small business