KDVA Projects
Kentucky Asset Success Initiative
IDA
Immigrant & Refugee Women Project
Current Events
Individual Development Accounts
What is a KDVA Individual Development Account or IDA?
Individual Development Accounts or IDAs, also known as IDA-Classic, is a tool to help survivors of domestic violence obtain assets. IDAs are match-savings accounts designed to help people to buy a home, start a small business or attend post-secondary education classes.
What is a Youth IDA?
The Youth IDA Program is similar to the IDA-classic program, but allows for youth to save to attend post-secondary education classes.
What is a Car-Individual Development Account or IDA?
The Car-IDA program is funded by the Allstate Foundation and serves as a stepping-stone to financial stability through the purchase of a vehicle. This program is only offered to survivors of domestic violence who have not already participated in the IDA-classic program.
Eligibility for the IDA program requires that applicants meet certain income guidelines, which are based on TWICE the federal poverty level for a given family size. Click here for more information. Applicants also cannot have over $10,000 in net worth.