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Individual Development Account (IDA)

For over 20 years, Oregonians with lower incomes have used Individual Development Accounts (IDAs) to attain homeownership, further education, start small businesses, and achieve other asset-building and stabilization goals. 

Individual Development Accounts use a combination of strategies—matching cash, information about financial systems, and community-based resource navigation—so that participants can leverage the power of their savings toward financial goals. Match amounts and asset goals vary by participant, with timelines ranging from three months to more than three years. The spectrum of financial goals available means that IDAs can address barriers to asset building faced by households in various financial situations by increasing income, improving credit, avoiding harmful debt, and supporting families’ preparedness for financial emergencies. 

A robust network of community-based organizations, led by the IDA Fiduciary Organizations, facilitates access to IDAs in all 36 counties. These organizations include:

  • housing providers
  • homeownership centers
  • culturally specific service providers 
  • community action agencies
  • community development programs
  • educational institutions 
  • college outreach programs 

Each brings specialized approaches adapted to their local community. They address complex financial challenges by layering resources, leading to more effective services and making asset ownership a more realistic possibility. 

Neighborhood Partnerships administers the IDA Initiative, managing funds, evaluating outcomes, and supporting program development and strategic direction. Initiative partners work together to ensure an equitable and statewide impact in communities historically and systemically excluded from economic opportunities so that all in our state thrive. 

Neighborhood Partnerships works directly with contributors and accepts all donations to the Oregon IDA Initiative, which are eligible for an Oregon IDA Tax Credit

Find an IDA provider or learn more about IDA.


Phone: 503-226-3001 ext 2

Logo Image: Individual Development Account