312.368.2007 contact@assetcoalitiontoolkit.org
HomePolicyIssuesIDAs

IDAs

Individual Development Accounts (IDAs) are matched savings accounts that enable low-income Americans to save and build assets. IDAs reward the monthly savings of working-poor families who are building towards purchasing an asset - most commonly buying their first home, paying for post-secondary education, or starting a small business.

The match incentive - similar to an employer match for 401(k) contributions - is provided through a variety of government and private sector sources. Organizations that operate IDA programs often couple the match incentive with financial literacy education, training to purchase their asset, and case management. IDAs are usually offered through programs that involve partnerships between local non‐profit organizations and financial institutions.

 


Resources:

"Individual Development Accounts: Providing Opportunities to Build Assets"

Description: This formatted 4-page document can be used with funders, policy makers, and other stakeholders to educate them about IDAs and place your program in context of the over 500 IDA programs currently operating in the US.
Author Name: CFED
Organization Type: National Intermediary

"Individual Development Accounts: Providing Opportunities to Build Assets"

"Evaluating Your IDA Program: Developing Goals, Measuring Outcomes" (September 2004)

Description: The presentation provides a logic model for evaluating IDA programs.
Author Name: Amanda Moore McBride (Center for Social Development)
Organization Type: National Intermediary

"Evaluating Your IDA Program: Developing Goals, Measuring Outcomes" (September 2004)

Exit Survey for IDA Program Non-Completers

Description: This survey is a tool used by the Oregon IDA Network, in partnership with the Regional Research Institute (RRI) at Portland State University, to gather data from participants who don't purchase their asset through the Oregon IDA program.
Author Name: Regional Research Institute (Portland State University)
Organization Type: Other

Exit Survey IDA Program Participants (Non-completers)

Analysis about Adding Assistive Technologies to the Assets for Independence Legislation (2009)

Description: The 2009 general session of the Utah State Legislature concluded on Thursday, March 12, 2009. During this legislative session, Individual Developments Accounts Amendments (HB 91) passed both the Senate Workforce Services and Community and Economic Development Committee with favorable recommendations.  HB 91 allows individuals with disabilities to open IDA accounts to set aside monies to facilitate work-related activities, known as assistive technologies.  This report analyzes the impact of assistive technology on IDA programs and asset development among people with disabilities.
Author Name: Utah Individual Development Account Network
Organization Type: Coalition

Analysis about Adding Assistive Technologies to the Assets for Independence Legislation (2009)

"Individual Development Accounts: Providing Opportunities to Build Assets"

Description: This formatted 4-page document can be used with funders, policy makers, and other stakeholders to educate them about IDAs and place your program in context of the over 500 IDA programs currently operating in the US.
Author Name: CFED
Organization Type: National Intermediary

"Individual Development Accounts: Providing Opportunities to Build Assets"

"IDA Funding Sources & Strategies" (September 2004)

Author Name: Mary R. Niebling (Central Vermont Community Action)
Organization Type: Nonprofit

"IDA Funding Sources & Strategies" (September 2004)

Exit Survey for IDA Program Completers

Description: This survey is a tool used by the Oregon IDA Network, in partnership with the Regional Research Institute (RRI) at Portland State University, to gather data from IDA program completers when they're exiting.
Author Name: Regional Research Institute (Portland State University)
Organization Type: Other

Exit Survey IDA Program Participants (Completers)

"IDAs 101"

Description: This presentation provides tools and suggestions for beginning an IDA program.
Author Name: Tina Morris-Anderson (North Carolina Department of Labor)
Organization Type: Government

"IDAs 101"

One Year Follow up Survey for IDA Program Participants

Description: This survey is a tool used by the Oregon IDA Network, in partnership with the Regional Research Institute (RRI) at Portland State University, to gather data from program participants one year after they’ve left the program.
Author Name: Regional Research Institute (Portland State University)
Organization Type: Other

One-Year Follow Up Survey (May 2009).doc

Oregon IDA Program Evaluation

Description: The Oregon IDA Network has been working with the Regional Research Institute (RRI) at Portland State University to do a program evaluation for the state's IDA program. This powerpoint outlines RRI's findings to date.
Author Name: Regional Research Institute (Portland State University)
Organization Type: Other

Oregon IDA Program Evaluation

Related Topics: