The New Hampshire Community Loan Fund provides IDAs through a statewide network of community partner organizations.
Here’s how it works: New Hampshire participants make deposits into their IDA savings accounts—up to a maximum $500—and the IDA program contributes eight times that amount. Someone who has saved the maximum will end up with a total of $4,500—their $500 in personal savings plus $4,000 in match.
You must meet certain requirements to participate in the IDA program. You must earn some income, but have limited earnings and net worth, and be willing to attend eight hours of financial training.
The New Hampshire IDA Program is funded in partnership with Citizens Bank, the New Hampshire Community Development Finance Authority and the federal Assets for Independence Program
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