Individual Development Accounts
St. Vincent de Paul participates in the Valley Individual Development Account (VIDA) Program, a statewide coalition that helps low to moderate income households achieve major life and financial goals through matched savings, training, and support. Since 2002, 73 savers have graduated from this program, successfully saving and using their savings and match for a specific goal. Fourteen of those completed the program in 2013.
In the Matched Savings Program, VIDA provides an opportunity for households to build or acquire one of the following assets:
- Post-secondary education
- Home ownership
- Home repair and rehab
- Work-related specialized training, adaptive equipment, or technology
“The IDA Program has given me the miracle of believing in myself again and for that I say thank you.” – Aleta, VIDA participant
Learn more about the IDA when you take financial education classes, or by calling Colleen Stewart at 541-743-7142 to get your questions answered.
Financial education is required for IDA savers. For rural residents of Lane county, St. Vincent de Paul offers a free 10-hour course called “Finding Paths to Prosperity.” The classes are open to anyone in the community. Class hours are 6-8:30 p.m. The program manager is Colleen Stewart, pictured at right.
Free classes for rural residents:
- Florence: Thursdays, October 2, 9, 16, and 23
- Junction City: Tuesdays, October 7, 14, 21, and 28
- Cottage Grove: Tuesdays, November 4, 18, 25 and December 2. No class on Nov. 11
- Oakridge: Thursdays, October 30, November 6, 13 and 20
“Home Care & Repair,” a six-hour free class, is designed to help homeowners with home repair needs. Topics include home safety, home maintenance, working with a contractor, and finding out about programs offering support for the cost of home repair projects. A class will be held in Eugene sometime this winter or spring if at least four people register. If you want to receive details as to when and where, contact Colleen Stewart at 541-743-7142 or by email.
*Please note: Classes and sessions will run only if at least four people register. Contact Colleen Stewart by email or phone: 541-743-7142.