Lifeline Inc: Individual Development Account (ida) | Lifeline Inc.
Provides an opportunity for low-income individuals and families to open individual development accounts (IDAs) which enable them to build assets that can be used for post secondary education and training, business capitalization and home ownership. Provides matching funds, usually two (2) dollars for every one (1) dollar saved. Program is affiliated with Ohio CDC (www.ohiocdc.org).
Categories
Data provided by
Lifeline Lake County 211
Physical Address
8 North State Street, Suite 300, Painesville, OH 44077
Hours
Monday - Thursday: 7:30 am to 5:30 pm. Closed Friday.
Voice
Voice
Website
Application process
Call for an appointment.
Fee
None.
Eligibility
Individual must have earned income. Household income at or above 200% of the Federal Poverty Level. Must attend ten (10) hours financial empowerment classes and an additional five (5) to eight (8) hours of asset specific training classes.
Languages
Spanish.
Service area
Lake County, Ohio
Agency info
Lifeline Inc.
Offers a variety of human and social services programs to empower residents of Lake County to achieve self-sufficiency.