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, […]
IDA
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 […]
IDA Program Celebrates its 1000th Graduate!
Individual Development Accounts (IDAs) help low income Oregonians build greater financial security by matching monthly savings toward the purchase of an asset. The assets purchased – such as a first home, a post-secondary education, or a small business – help build financial stability and enter the economic mainstream. In addition to offering incentives, the Oregon […]
2010 IDA RFA
Neighborhood Partnerships invites qualified organizations to become fiduciary organizations or to renew their status as fiduciary organizations in the Oregon Individual Development Account (IDA) Initiative. Below are the documents necessary to complete the 2010 Oregon IDA Request for Applications. Note that applications are due on January 14, 2010. If you have any questions about the […]