Eligibility is based on the following criteria:

• Applicants must be employed at least six months prior to enrollmennt
• Annual household income must be at or below 200% of Federal Poverty Guidelines (http://aspe.hhs.gov/POVERTY/figures-fed-reg.shtml)
• Net worth must be less than $10,000, excepting a primary dwelling and one vehicle

• Complete the financial skills course before the IDA is opened
• Open an IDA at a participating financial institution
• Make a savings deposit of at least $10 every month for the duration of enrollment
• Make only authorized withdrawals
• Complete asset-specific instruction within the first six months of enrollment
• Submit all required documentation

Downloadable Forms and Links: