The Oregon IDA Initiative is fueled by the contributions of individuals and businesses from all corners of the state. Contributions, which are eligible for a tax credit on state taxes, are used entirely to support the costs of the Initiative.

Oregon Housing and Community Services Department works with Neighborhood Partnerships to manage the Initiative. Neighborhood Partnerships contracts with ten Initiative Partners to work directly with clients in all parts of the state. Two partners, CASA of Oregon and NeighborWorks Umpqua, work with networks of partner organizations, while other Initiative Partners primarily work directly with clients.

Clients save for a defined goal and receive support and training from Initiative Partners, such as home buying education or business plan development, in addition to coaching as they shift their financial habits. When clients reach their savings goal and meet benchmarks of their savings plan, their savings are matched with Initiative resources to purchase their home, education, small business inventory, or other asset.

The Initiative’s success depends on its many supporters and partners. Donors, public agencies and leaders, non-profit and tribal partners, financial institutions, community networks, and capable and motivated participants all have a crucial role to play.