When

Thursday October 15, 2015 from 6:30 PM to 7:30 PM PDT
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Where

West Angeles Community Development Corporation 
6028 Crenshaw Blvd.
Los Angeles, CA 90043
 

 
Driving Directions 

Contact

Noquomas Wilson, Program Manager 
West Angeles Community Development Corporation 
323-751-3440 ext. 29 
nwilson@westangelescdc.org 
 

Individual Development Account (IDA) Orientation 

PURSUE YOUR DREAMS! Individual Development Accounts (IDAs) are special savings accounts that matches the deposits of low and moderate income people. For every dollar saved in an IDA, savers receive a corresponding match which serves as both a reward and an incentive to further the savings habit. Register here to attend a FREE Orientation Session.

HOW DOES IT WORK?

  • Savers agree to complete financial education classes and use their savings for an asset-building purpose—typically for post-secondary education, home purchase, or to start or expand a small business

  • In addition to earning match dollars, savers learn about budgeting, saving and receive additional training before purchasing an asset.

  • IDAs make it possible for individuals to build the financial assets they need.


THINGS TO KNOW

  • You must save your money for a minimum of 12 months before any match will accrue.

  • You must deposit the monthly minimum into your account every month. If you miss THREE deposits in one calendar year, your account will be closed.

  • You must take additional workshops on Financial Literacy. The goal of these workshops is to help you invest your savings successfully.

Each session is a 6 week set of courses.

Please select only ONE session.

Register Now!