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Oregon IDA InitiativeOregon IDA Initiative

Do I Qualify?

You may qualify if all of the following statements apply to you:

  1. I am at least 12 years old.
  2. My income is within the Income Limits.
  3. My net worth is less than $20,000 (what you own, minus what you owe, with a home and first vehicle excluded).
  4. I live in a county that can access IDAs
  5. I am willing to attend financial education classes.
  6. I can save a minimum of $25 monthly towards my asset goal.
  7. I can commit to saving for at least 6 months.

If you can say “yes” to all of the above statements, then you most likely qualify! Contact a non-profit IDA provider for more information. The non-profit IDA provider that you save with will help guide you through the application process.