Individual Development Accounts (IDA) | Lutheran Services in Iowa (LSI)

3200 University Avenue, Des Moines, IA 50311

Eligibility

Must have arrived in the US with refugee status, have been in the US for less than 5 years (if saving for a car, less than 3 years), have income and be at or below 200% of poverty guidelines

Required documents

Valid ID, I-94 form or Green Card, proof of income (one month of paystubs for every working member of your family)

(515) 271-7335

Voice - Main Phone

(515) 271-7411

Voice - Alternate Number

(515) 271-7340

Fax - Fax

www.lsiowa.org/refugee/individual-development-accounts/

[email protected]

Application process

Contact the Refugee Connection Center for further details

Fees

None

Service area

Adair County, IA
Adams County, IA
Clarke County, IA
Dallas County, IA
Decatur County, IA
Jasper County, IA
Lucas County, IA
Madison County, IA
Marion County, IA
Polk County, IA
Ringgold County, IA
Taylor County, IA
Union County, IA
Warren County, IA
Wayne County, IA

Description

Provides financial education to former refugees to help them build understanding of the U.S. banking and financial system. Courses in financially literacy are offered as well as financial assessment tools to help determine financial stability. The program also offers refugee's the chance to create a savings account with the intent to buy a car, home, business or education. LSI will contribute to the savings account by providing matching funds. Matching funds can only be received by completing the requred trainings.

What's Here

Financial Literacy Training Financial Assessment Tools

Providing organization

Lutheran Services in Iowa (LSI)

Offers children and family services.