Programs > Asset Building Programs > IDA Program

Get an EDUCATION for yourself, your spouse or your child!

Buy or renovate your own HOME!

Start or expand a SMALL BUSINESS!

Save for DISABILITY SUPPORTS!

How does it work?

The IDA Program provides support for low-income individuals and families to save toward buying or renovating a home, toward their education, their children's education, or their spouse's education, toward starting or expanding a small business, or toward disability supports. 

The program uses special matched savings accounts and participants' savings are matched 3:1 by SEED Winnipeg up to a specified limit.   Participants have up to two years to save toward their asset goal.

For every $1.00 saved, SEED will match it with $3.00.

Reaching Your Goal

Am I eligible?
To qualify, you must...

• live in Winnipeg
• be at or below the program’s income cut-offs (see below)
• have a strong desire to improve your financial future
• meet other criteria specific to your savings goal
• not be a past IDA Program participant
• not live with a current or past IDA Program participant
  

The IDA Program is aimed at households who are living on low incomes. Participants must have an income that is at or below the project cut-off according to the chart below:

*Based on 120% of Statistics Canada's Low Income Cut-Off (LICO)

How do I apply?
Call us at 927-9947 to register for an Information Session.

In partnership with...

• Alternative Financial Services Coalition (AFSC)
• Assiniboine Credit Union
• The Province of Manitoba
• The United Way of Winnipeg

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