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IHCDA Partner Portal

IHCDA Partners > Program Administrators > Individual Development Accounts Individual Development Accounts

Indiana has the opportunity to receive Federal money from the US Department of Health and Human Services (HHS) for its Individual Development Account (IDA) program through a competitive application process through the  Assets for Independence Act.  IHCDA is required to match all Federal monies with State monies on a dollar for dollar basis.

Qualified participants set savings goals and make regular savings deposits.  Every dollar they save is matched, at a minimum for $3 for every $1 saved, to help them reach their goals so they can:

  • Launch a new business; 
  • Get the higher education and professional training needed to qualify for a better job;
  • Purchase a new home and create thriving, stable neighborhoods

Click here to access a listing of all Indiana IDA Program administrators