Individual Development Account Program

Looking for help jump-starting your education or home purchase savings? HRI is registering individuals for our Individual Development Account (IDA) Program! Participants in the IDA program make deposits into their savings accounts and these deposits are matched at a set rate. For every dollar you save, an additional two or three dollars will be deposited into your account! These funds can be used to purchase a home or for tuition, fees, or related expenses for higher education.

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How can I apply?

If you are a resident of a HRI-owned property and are interested in participating in this great program, contact Joe Deignan at (617) 868-4858 x210, or jdeignan@homeownersrehab.org.

 
 

More info

The Homeowner's Rehab IDA program is underwritten by the Citizens Bank Foundation, Cambridge Savings Charitable Foundation and East Cambridge Savings Bank.

HRI has partnered with the Midas Collaborative to run this program. If you would like to learn more about what Midas does, check out their website to learn more about their great programs!

If you are interested in the IDA program, here are some additional information and forms you may need.

  • Program Policies

  • Application

  • Checklist and Education Plan