IDA’S are matched savings accounts that encourage eligible working people to save money and gain assets. Participants can buy a first home, attend college or job training or start a small business.
Applicants are enrolled in the program for six months to three years.
Participants commit to saving at least $20.00 per month.
For every dollar saved CAPCA will match it with $3.00 up to $2,000 per person or $4,000 per household!
To be eligible a household must be at 185% of the Federal poverty lines set by the US Department of Human Services.
Persons living Cleburne, Faulkner or White county, who fall within the income guidelines and have children 18 or younger may contact one of the offices listed for further information.
Cleburne County
501-362-8231
Faulkner County
501-329-0977
White County
501-279-2015