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Get Financially Stable

IDA Matched Savings Program

Foundation Communities' IDA (Individual Development Account) matched savings program has helped more than 179 families achieve their dreams. IDAs enable individuals and families of modest means save money for major investments such as buying a first home, funding post-secondary education or opening or expanding a small business. Family Home Purchase

Information for lenders and realtors

If you reside on a Foundation Communities’ property, you may be eligible to participate in our regular IDA Matched Savings Program. Click here for more details and an application.

Resources for Current IDA Participants

Special information for our IDA Participants in Arlington and Carrollton, Texas
(Sleepy Hollow, Shadow Brook and Peter Colony Apartments)
What are the program requirements?
2010 Schedule of Financial Education and Homebuyer Education Classes
What can I use my IDA funds for?
How do I make my deposits?
To find a BBVA Compass Bank branch closest to where you live or work, click here

What do I do if I have an emergency and need my money?
Emergency - I need my money
Emergency Withdrawal Form

Resources for HOME PURCHASE SAVERS
Instructions for withdrawing funds for home purchase
Home Withdrawal Form

Resources for EDUCATION SAVERS
Instructions for withdrawing funds for education expenses
Education Withdrawal Form
Education Plan

Don’t forget to complete your FAFSA! We can help!

Resources for BUSINESS SAVERS
Instructions for requesting funds for business expenses
Business Withdrawl Form
Business training resources in Austin
Self-employed classes offered by Foundation Communities

Search for an IDA program in your area:
National list of IDA Programs (called the AFI Project Locator)