Vermont Community Action Agencies

A program of the community action agencies, Individual Development Accounts programs can help you improve your financial picture by learning about budgeting and household finances while you save a part of your earned income for a first time home purchase, developing a small business, or post-high school education and training. Savings are matched 2:1 on $500 savings for up to two years in a special bank account or IDA (Individual Development Account). You save regularly to reach your goal and attend financial education training as well as homeownership training, career counseling, or business counseling to improve your success in owning your new asset. To find out about the program and apply, contact your local community action agency.