The Savings for Independence Program helps individuals and families achieve long-term financial goals of home ownership and business ownership.  The program will achieve its goal by providing personal finance classes; assisting participants to establish a habit of saving; and matching the participant’s savings.  The participant earns the matching funds by:

• establishing a habit of saving at least $10 a month in an IDA account;
• completing the financial literacy training program, Money Smart;
• participating in one-on-one financial literacy/credit counseling; and
• attending asset specific training. 

When the participants save monthly and attend training, the program will match their savings with $3 for every dollar they save, up to $1,000 of their savings.  Participants may deposit as much as they like in their accounts, but no more than $1,000 of their savings will be matched.