Individual Development Accounts

Success Story

Individual Development Accounts (IDA) are matched savings accounts designed to help refugees save for a specific purchase. Under the IDA program, the matching funds, together with the refugee's own savings from their employment, are available for purchasing one (or more) of four savings goals:

  1. Home purchase
  2. Small business development
  3. Post secondary education or training
  4. Automobile (for employment purposes)

List of Current Grantees

Read More About IDA