This program is a map savings program that is used to assist low-income households to accumulate assets for Homeownership, Higher Education or Business Development ventures. Thru Oregon’s Individual Development Account initiative, low-income Oregonian’s gain financial skills, break the cycle of poverty, build wealth and invest in their communities. Each dollar our participant saves is matched by funds from the state’s IDA pool and reserved in a separate account for a specified asset. When all program requirements are fulfilled, the participants funds are matched with reserved funds.

For more information contact the Redmond Homeownership center at 541-548-2380 x. 120 or by email at homeownership@neighborimpact.org..