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

We currently have two ways to join our IDA matched savings program. 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. 

Clients of the Community Tax Centers may be eligible to participate in the Central Texas Saves IDA Matched Savings Program, designed specifically for our tax center clients!  Click here for more details and an application.  

Resources for Current IDA Participants

Special information for our IDA Participants in Arlington and Carrollton, Texas pdf icon
  (Sleepy Hollow, Shadow Brook and Peter Colony Apartments)
What are the program requirements? pdf icon
2010 Schedule of Financial Education and Homebuyer Education Classes pdf icon
What can I use my IDA funds for? pdf icon
How do I make my deposits? pdf icon
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 pdf icon
Emergency Withdrawal Form pdf icon

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

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

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

Resources for BUSINESS SAVERS
Instructions for requesting funds for business expenses pdf icon
Business Withdrawl Form pdf icon
Business training resources in Austin pdf icon
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)