Oregon Housing and Community Services Department provides leadership and oversight to the Oregon IDA Initiative. The Oregon Department of Revenue oversees the tax credit aspects of the program for the state.
The Initiative is managed by Neighborhood Partnerships, a non-profit 501(c)(3) organization. Neighborhood Partnerships works directly with contributors and accepts all donations on behalf of the Initiative. Contributions are eligible for an Oregon IDA Tax Credit.
Neighborhood Partnerships allocates funds statewide to a network of Initiative Partners, who then work in a variety of ways with dozens of other non-profit and tribal organizational partners to bring the IDA Initiative into all corners of the state.
Fiduciary Organizations (FOs) work directly with the Oregon IDA Initiative and Neighborhood Partnerships to bring IDAs to communities across Oregon.
- CASA of Oregon
- Habitat for Humanity of Oregon
- Immigrant and Refugee Community Organization (IRCO)
- Mercy Corps Northwest
- Micro Enterprise Services of Oregon (MESO)
- The Native American Youth and Family Center (NAYA)
- NeighborWorks Umpqua
- Portland Housing Center (PHC)
- Project Youth+ (formerly College Dreams)
- Warm Springs Community Action Team (WSCAT)
CASA of Oregon
CASA of Oregon works alongside community organizations to provide programs and resources that strengthen families’ financial wellbeing. There are four pillars of our work: 1) We partner with nonprofit organizations to develop affordable housing; 2) We help convert manufactured home parks into resident owned communities; 3) We operate a Community Loan Fund that provides financing for housing development and facility projects; 4) We offer asset building and financial capability programs across the state in collaboration with over 50 nonprofits and educational institutions.
We have three IDA programs:
- Earn, Educate, Empower (E3) offers IDAs to students who attend Oregon private universities.
- Matched College Savings Program (MCSP) offers IDAs through participating high schools and community colleges.
- VIDA offers IDAs through regional nonprofits and housing authorities.
DevNW’s mission is to create thriving, inclusive and healthy communities through quality affordable housing, financial/economic opportunity, small business development and policy change. We operate with a staff of 54 serving Lane, Linn, Benton, Lincoln, Marion, Polk, and Clackamas Counties. Each year, we serve more than 5,000 individuals and families across four program areas: Financial Wellbeing, Affordable Homes, Access to Funds and Healthy Communities. Our programs, services and real estate development are designed to help people and communities thrive. We provide education, counseling, financial tools and housing. DevNW has been a part of the IDA Initiative since 2013, first as a Fiduciary Organization and next as a Network FO; providing IDAs and supporting low-income Oregonians to develop financial skills and achieve life-changing economic goals.
Habitat for Humanity of Oregon
Habitat for Humanity partners with people right here in Oregon, and all over the world, to help them build or improve a place they can call home. Habitat homeowners pay an affordable mortgage on the homes they’ve helped to build. Through affordable home repair opportunities, Habitat helps homeowners to improve their home’s safety, accessibility and value. Founded in 1995, Habitat for Humanity of Oregon provides fundraising, training, disaster preparedness and advocacy support for all 24 Habitat for Humanity affiliates—independent organizations who build and repair homes across our state. Of these affiliates, 20 are based in rural Oregon. A deep commitment to racial equity and housing justice undergirds both our advocacy efforts and program design.
The Immigrant and Refugee Community Organization (IRCO) serves the holistic needs of Oregon’s immigrants, refugees, and mainstream community members. As a community-based organization, IRCO empowers children, youth, families, and elders from around the world to build new lives and become self-sufficient by providing more than 200 culturally and linguistically specific or responsive social services. IDA asset building strengthens IRCO’s ability to empower immigrants and refugees to become self-sufficient.
At Mercy Corps Northwest (MCNW) we embody the mission of Mercy Corps Global by working together to build just, productive and resilient communities across the Pacific Northwest. Our mission is to invest in communities, uncover breakthrough solutions, and fight for equitable opportunities across the Pacific Northwest. We know that when we invest in potential – individuals and families are given the ability to thrive, and not just survive. We support up to 1,500 small business owners each year through our business education, microlending, and IDA programs, kickstart successful futures beyond prison through our LIFE and IDA programs, and support community capacity building at 20 local nonprofits through our AmeriCorps VISTA Program.
MESO brings a holistic array of services and programs to small businesses. Services include microlending, business planning and advising, market research, Individual Development Accounts (IDA), classes and workshops, networking, mentoring, and connections to local resources and referrals. MESO’s services are focused on poverty alleviation through entrepreneurship in BIPOC communities and distressed areas. We practice our values and mirror our clients in race and culture, which has led to trust building, empowerment and results such as a default rate of less than 2% and not a single business closing during the pandemic. The IDA paired with MESO’s services helps our entrepreneurs reach their goals in less time. Allowing them to experience rapid revenue growth, purchase commercial property, save for their children’s education and invest for retirement.
The Native American Youth and Family Center was founded by parent and Elder volunteers in 1974, and incorporated as a 501(c)(3) non-profit organization in 1994. Throughout our history, we’ve sustained our diverse traditions while expanding and modernizing our programs and services to meet the needs of our people. We serve self-identified Native Americans, infant to Elder, from across the Portland, Oregon, metropolitan area.
NAYA Family Center strives to fulfill its mission: “to enhance the diverse strengths of our youth and families in partnership with the community through cultural identity and education.” As an urban Indian agency, NAYA Family Center impacts the lives of over 10,000 individuals from over 380 tribal backgrounds annually.
NeighborImpact’s mission is “Supporting People, Strengthening Communities.” NeighborImpact has become the area’s leading provider of emergency food programs, housing and homeless services, energy assistance, child care resources, early childhood education services, financial capability and asset building programs for the economically-distressed. NeighborImpact opened for business in January 1985, to serve Deschutes, Crook, and Jefferson counties and the Confederated Tribes of Warm Springs. Today, our 250+ employees offer 11 programs that serve more than 55,000 households across Central Oregon. HomeSource offers resources to help people understand, grow and protect their financial life, from their first savings to retirement. The program provides financial education, homebuyer education, home preservation, foreclosure prevention, reverse mortgage and IDA matched savings.
NeighborWorks Umpqua is a rural-focused housing and community development corporation committed to promoting opportunity for all. We will do this by providing quality housing, community development, property management, financial services, education, and advocacy in order to attain economic, social and environmental sustainability, and equity.
Dream$avers, an IDA (Individual Development Account) savings program, is a matched savings program where individuals and families are able to grow their savings to achieve a specific savings goal. NeighborWorks Umpqua offers several different savings goals through its Dream$avers program including home purchase, home repair, post secondary education, small business, vehicle purchase, and adaptive technology.
PHC makes homeownership possible through quality home buyer education, one-on-one guidance, financial services, and a variety of other resources for Portland-area residents. We’ve helped more than 7,000 families become successful, financially secure homeowners. We prepare you for the challenges, and guide you throughout the home-buying process. We offer mortgages with fixed interest rates, low down payments, and assistance with down payment and closing costs.
(formerly College Dreams)
Project Youth+ prepares low-income, first-generation and underrepresented youth to thrive in school, college and careers.
We use resilience-development strategies personalized to meet the strengths, preferences, and challenges of each individual.
Advisors work with 6th-12th graders and provide long-term school outreach services year-round to build healthy relationships, promote academic excellence, introduce key success skills, and facilitate interactive group activities grade-by-grade. We also offer internships, paid work experience, GED preparation, and soft skills training to youth ages 14-24.
Our +Accounts Program (IDA) is offered to those students who are enrolled in our overall organization and are primarily offered to those students who attend one of our contracted schools in Jackson, Josephine and S. Douglas counties; but are available to any enrolled and qualified PY+ youth.
Warm Springs Community Action Team (WSCAT)
WSCAT’s mission is to promote community development in Warm Springs by empowering individuals and groups of people to realize their potential, become self-reliant, and affect positive change for themselves, their families, and their community. Our programs fall into three main areas: asset building, small business promotion and community development, and education for personal and professional development. WSCAT manages the largest IDA program in Indian Country, making it an integral part of everything we do. This includes providing business, financial, and homeownership coaching, counseling, and classes. We also own Painted Pony Espresso and Twisted Teepee food tuck, two businesses that provide workforce training to Warm Springs community members.