New American Pathways

Individual Development Account (IDA) Program

The IDA Program at New American Pathways helps refugees build long-term economic independence and community resilience.

Refugees who are employed and can make regular deposits into an approved savings account

From newamericanpathways.org/our-programs ↗

About this program

Participants receive basic, advanced and specialized financial literacy training tailored to their savings goals. Through matched savings, clients can work toward assets such as a vehicle, home, rental support, or education-related expenses. To participate, clients must be employed, make regular deposits into an approved savings account, and attend all required trainings. The program promotes financial stability, encourages regular saving, and supports personal and community growth.

Questions

What must clients do to participate in the IDA Program?

To participate, clients must be employed, make regular deposits into an approved savings account, and attend all required trainings.

What assets can clients work toward through matched savings?

Through matched savings, clients can work toward assets such as a vehicle, home, rental support, or education-related expenses.

Details

Who
Refugees who are employed and can make regular deposits into an approved savings account

Run by