Northwest Ohio Development Agency
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Individual Development Account (IDA)

2:1 Matched Savings Account Program

 

Individual Development Account (IDA)

This asset-building program from NODA will give you two dollars for every dollar that you save.*  The money must be used for the following:

  • Purchase a Home
  • Start a Small Business or expand an  existing one
  • Post-Secondary Education
  • Home Improvement/Repair
  • Predatory Lending Assistance

The program is available to any Lucas County resident who has earned income and whose combined household income from all sources does not exceed 200% of the federal poverty guidelines (a household of 4 could make up to $40,000 and still qualify). 

 

Join the IDA Program today and receive:

  • 2:1 Match On Your Savings
  • Free Credit Counseling
  • Free Money Management Classes and
  • Asset-Specific Training

For more information about this great program, please contact us!

 


*Participants can save up to  $1750.00 and NODA will match their savings with up to $3500.00.

432 North Superior Street, Toledo, OH 43624 | 419-243-3734 | Equal Housing Lender