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Lifeline Inc: Individual Development Account (IDA) | Lifeline Inc.

8 North State Street, Suite 300, Painesville, OH 44077

Elevators|Full Wheelchair Access|Indoor Wheelchair Access.

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.

Required documents

Will be requested as needed.

Hours

Monday - Thursday: 7:30 am to 5:30 pm. Closed Friday.

Languages

Spanish.

Application process

Call for an appointment.

Fees

None.

Service area

Lake County, Ohio

Description

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).

Data provided by

Lifeline Lake County 211

Providing organization

Lifeline Inc.

Offers a variety of human and social services programs to empower residents of Lake County to achieve self-sufficiency.