Oregon’s IDA Initiative was featured in the Oregonian this week, a nice reminder to give before the end of the year. The Oregonian story features graduates from the Native American Youth and Family Center (NAYA) IDA program, and describes how the IDA program helps lower-income individuals build savings to buy a home, go to college, […]
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Independent Evaluation Concludes Oregon Program Paves Pathways Out of Poverty
FOR IMMEDIATE RELEASE Contacts: Janet Byrd, Neighborhood Partnerships 503-226-3001 x 103 Lisa Joyce, Oregon Housing and Community Services 503-986-0951 Dr. Diane Yatchmenoff, Portland State University 503-725-4158 Independent Evaluation Concludes Oregon Program Paves Pathways Out of Poverty (Salem) In a new, independent evaluation, Portland State University’s Regional Research Institute concludes that the Oregon Individual Development Account […]
Oregon IDA 75% Tax Credit–You Make a Difference!
Oregon has one of the strongest Individual Development Account (IDA) programs in the country, thanks to a unique state tax credit that lets you make a big difference in someone’s life. IDAs help low income Oregonians to, increase their financial education and create family economic stability by saving for and purchasing an asset. Across Oregon, […]
Strategies to Increase IDA Program Recruitment and Retention
Individual Development Accounts (IDAs) are a matched savings program that help low and moderate-income families purchase assets such as a home, a post-secondary education, or the capital needed to start or expand a small business. Neighborhood Partnerships brought Amy Shir—an expert asset building consultant—to present strategies to increase participant recruitment and retention to forty of […]
Preliminary Findings from the IDA Initiative Evaluation
Neighborhood Partnerships is proud to oversee the administration of the Oregon Individual Development Account (IDA) Initiative. IDAs are matched savings accounts that help low and moderate income Oregonians purchase assets, such as a first home, that build economic security. Participants can also use their IDAs to start or expand a small business, get more education, […]
Individual Development Accounts Help Oregonians Secure Employment and Achieve Their Goals
With the help of Oregon’s Individual Development Account (IDA) Initiative, low income Oregonians are given the tools to build their financial security through financial education classes and matched savings incentives. With the money saved, IDA participants purchase a major asset such as a home, post-secondary education, a small business, or assistive technology that helps them […]
Over $4.3 Million Awarded to Oregon Nonprofits!
Neighborhood Partnerships and Oregon Housing and Community Services are proud to announce the award of $4.397 million to six nonprofit agencies by the Oregon Individual Development Account (IDA) Initiative. Through the IDA Initiative, low income individuals work with a local nonprofit organization to set a financial savings goal. Participants save to purchase their first home, […]
IDA Initiative raises over $4.7 million! Thank you to our donors!
The Oregon Individual Development Account (IDA) Initiative will reach all corners of the state in 2010, thanks to the support of a wide range of Oregonians. Neighborhood Partnerships is happy to report that we received contributions over $4.7 million dollars to support the IDA Initiative. In what was described as one of Oregon’s worst economic […]
Encouraging savings for hard working Oregonians
Throughout the state of Oregon, Neighborhood Partnerships works to create opportunity for low and moderate income families through the Individual Development Account (IDA) Initiative. The IDA Initiative is a matched savings program that helps hard working Oregonians build economic security by teaching savings habits that help them purchase a first home, start or expand a […]
Invest in a brighter future today!
Individual Development Accounts are a proven, effective tool for building hope and stability. In the 2008 calendar year, NP raised $4.5 million in donations for this program through the IDA 75% Oregon Tax Credit which creates a pool of match funding for participants that complete financial education and asset specific training. Every dollar they save […]