How Can GHF Help?
Recent Blogs
- 12.08.11Starbucks Partners with CDFIs like the Greenville Housing Fund to Create Jobs in our Community
- 12.06.11Starbucks Partners with CDFIs like the Greenville Housing Fund to Create Jobs in our Community
- 10.31.11Greenville Housing Fund Becomes the First CDFI in the Upstate
Greenville Individual Development Account (IDA) Program
The Greenville Housing Fund and the United Way of Greenville County have partnered to establish the Greenville Individual Development Account (IDA) Network to promote financial stability in the lives of those in our community. The goal of the Network is to empower Greenville residents with the tools needed to LEARN (through financial literacy training), EARN (through public benefits and credit repair), and SAVE (through an IDA) in order to purchase assets that lead to financial stability. The IDA program is an innovative matched savings account that enable low to moderate income individuals to increase their financial stability through the accumulation of long-term assets such as a home, post-secondary education, or a small business. This program is designed for hard-working individuals whose incomes and assets fall within federally determined limits. Once participants have completed financial education and savings requirements, they will be matched $3 for every $1 saved! Therefore, when an individual saves $1,000, they will be matched with $3,000 to put towards the purchase of their asset goal. This program has the potential to make a significant difference in the lives of those in our community. For more information, please click on Programs and Financing and visit the Individuals section.
Deborah McKetty Executive Director, GHF
