> What We Do > Individual Development Accounts (IDAs) > How Does the IDA Program Work?

How Does the IDA Program Work?

Homeownership: You commit to depositing cash weekly or monthly in a bank account. You save $2,000 in 3 years or less, Springfield Partners will match $4,000. Education or Business: You commit to depositing cash weekly or monthly in a bank account. You save $1,000 in 3 years or less, Springfield Partners will match $2,000. Youth IDA participants must complete the required number of community service hours. All IDA participants must complete the Financial Literacy Workshop Series offered by Springfield Partners.