AAA Fair Credit Foundation provides a special matched savings program called the Utah Individual Development Account Network (UIDAN). IDAs are matched savings accounts that helps low-income families break the cycle of poverty. UIDAN provides a designated match ($3 for every $1 deposited) towards purchasing an approved asset - first-time homeownership, higher education, small business ownership, or work-related assistive technology devices.

Financial Management Training
All qualified participants are required to attend a series of personal financial management training workshops before applying to participate in the program.

Building Strong Communities
The vitality of a community depends greatly on the strength of its business community, value of education, access to safe and affordable housing, and support to provide qualifty of life opportunities. IDAs help strengthen neighborhoods and communities by expanding financial capability through asset accumulation and preservation. IDAs encourage saving, investment and asset formation among moderate income working families which enable them to move into the economic mainstream.

Joel and Cindy, married for five years, are the parents of two children: a 3 year old daughter and a 1 year old son. They were raised in Davis County where Joel works for a national restaurant and Cindy works part time to augment the family’s income. They thought UIDAN was “too good to be true” but did some research and realized that an IDA would help them achieve a dream that seemed unattainable – owning their own home.

IDA Saver Success Stories...

Click here to view and register for the required Financial Management Training classes.

Click here to for additional financial education opportunities.

Click here to request a Call Back.

Follow Heather as she goes through the process of buying a home.