IDA Program

Assets for Arkansans

Assets for Arkansans Individual Development Account Program (AAIDAP)  is an investment strategy and comprehensive financial education program sponsored by Argenta Community Development Corporation designed to provide low-to-moderate income individuals and families in Pulaski County with the opportunity, incentive, and support necessary to save money, finance their future and change their lives.  Matched savings allows a participant to pursue the following:

  • Purchase primary residence
  • Repair, expand or renovate a primary residence
  • Capitalize or expand an existing small business
  • Pay tuition or other related expenses  for a post-secondary educational program or get job training

AAIDAP is funded through Department of Workforce Services, Southern Good Faith Fund, Assets for Independence and the Arkansas Economic Development Commission.  Because of the different funding sources, accepted participants are placed in the AAIDA Program that best suits their needs, the program needs, geographic location, available slots and income. Income limitations due apply. Please note that participant’s assets cannot exceed $10,000, excluding home and automobile. For more detailed information, please contact Shanta Nunn-Baro at 501-374-0622.

IDA Resources and Forms
FAQ
Program Overview
Brochure
Enrollment Checklist
Enrolllment Form
Overview of Reponsibilities
Participant Agreement Form
Financial Checkup Survey
Permissable Uses of Matched Funds

 

 

 

Site by: Mass Enthusiasm