Individual Development Accounts

Individual Development Accounts photo

This program, facilitated by the John H. Boner Community Center and supported by the CDC, provides new ways for interested neighbors to purchase a home, start/expand a business or continue their education. Similar to a savings account, the IDA utilizes a 3 to 1 matching program, which means that every dollar a participant saves, the program adds three additional dollars to their account. Account are held facilitated by Community Choice Federal Credit Union of Indianapolis. The individual must also meet household income guidelines listed below. For additional information on this program, please click on the following link.
IDA_Program_Information.pdf

Number in Household Max. Household Income
1 $16,293
2 $21,858
3 $27,423
4 $32,988