Open Hearth offers matched savings program in ChesCo
Posted by Open Hearth on March 5, 2019
Open Hearth, a nonprofit serving Chester County and portions of Montgomery County, is recruiting applicants for the Lubert Individual Development Account (IDA) savings program, funded through the United Way of Greater Philadelphia and Southern New Jersey.
The Lubert IDA program helps working individuals save for a post-secondary education or their first home by building good financial habits. It provides a 3:1 savings match for higher education (participants must save $1,000 to receive $3,000) and a 2:1 savings match for the purchase of a first home (participants must save $2,000 to receive $4,000). All savers must participate in the program for at least six months before funds will be matched.
Interested? Contact Nettie Wolfe Silva at nsilva@openhearthinc.org at 610-792-9282, x206 for more information.
Website: https://www.openhearthinc.org/our-programs/financial-management-programs/
More in "New Resources"
- Youth Outreach Adolescent Community Awareness Program (YOACAP)
- Media Literacy Field Guide for Teens
- Food Insecurity Varies Among Low-Income Racial and Ethnic Groups
Stay Current in Philly's Higher Education and Nonprofit Sector
We compile a weekly email with local events, resources, national conferences, calls for proposals, grant, volunteer and job opportunities in the higher education and nonprofit sectors.
Subscribe