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We can help you to realize your dream through our
Matched savings plan.
The Benedict-Allen Community Development Corporation
is sponsoring the
Individual Development Account (IDA) Program
IDA is a matched savings program designed to help individuals accumulate wealth for high return investments in career education, homeownership, and business ownership. Participant contributions to their savings accounts are matched $3 to $1. Once enrolled in the program participants will increase their savings and strengthen their financial knowledge and money management skills.
If you are interested in obtaining more information about the IDA Program, please contact Cleola Fennell at (803) 705-4441.
Program Criteria
- Must be a resident of Richland, Lexington, Calhoun, Kershaw, Fairfield, Newberry or Saluda Counties
- Must have earned income
- Must meet program income guidelines
Participants can contribute a maximum of $1000 to their IDA savings accounts and the IDA Program will match each dollar up to $3000. Please contact us immediately to be considered for admission into the program.
This program is affiliated with the Benedict College Division of Community Development.
The program is co-sponsored by the SC Association of Community Development Corporations. | 
