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Individual Development Accounts

Individual Development Accounts (IDAs)

Individual Development Accounts (IDAs) are matched savings accounts that help people with modest means to save towards the purchase of a lifelong asset, such as a home.

CFED was an early leader in the creation and growth of IDAs as a practice, and later as a federal and state policy strategy for building economic security. IDAs are a social innovation that has been proven to expand economic opportunity by creating assets for in low-income households.

Are you a practitioner, policymaker or interested in learning more about IDAs? Use the links below to find out more.

Wondering if an IDA is right for you? Watch the video to the right and then click to learn how to save in an IDA.

What's New?

  • The Assets for Independence (AFI) Program currently has funding opportunities open! The projects will provide IDAs and related services to individuals and families with low incomes. More information can be found here .
  • CFED selected six organizations for a new savings innovation cluster. Read more about it in the blog.

IDA Basics

IDA Basics

Learn more about how IDA works and review our frequently asked questions.

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IDA Program Directory

IDA Program Directory

Are you interested in opening an Individual Development Account for yourself? If so, the IDA Program Directory will help you locate a provider near you.

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Public Policy

Public Policy

Visit Public Policy to take action in support of legislative efforts to expand IDAs to millions of low-income families in the United States.

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Research & Resources

Research & Resources

Savers and practitioners can find more information in our Research & Resources section.

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