The IDA is a matched savings program.
 A program designed to assist low-income individuals and families build financial assets to purchase a home, start or grow a small business, or pay for college tuition or vocational education. Mile High United Way leverages individual gifts and federal contributions to fund the IDA program. For every dollar saved by a participant, Mile High United Way matches it with four dollars. The maximum savings amount is $1,000. The maximum match is $4,000 over two years.
IDAs are available to income-qualifying participants who participate in the program for a minimum of six months after opening an account, complete the approved, basic financial education classes, finish classes related to savings goals and provide documentation for a qualified purchase.
Last year 296 people participated in the IDA program; 128 of them used their savings to purchase a home, invest in their small business and pay for postsecondary education.
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