Home Forward

Address: 135 SW Ash St., Portland, OR 97204

Contact:

• Angela Ostley, (503) 802-8350, angela.ostley@homeforward.org

Communities served: Households receiving housing assistance through Home Forward who are also actively enrolled in our GOALS Program, residing in Multnomah County.

Eligibility Criteria: Must be currently receiving housing assistance through Home Forward (either a Housing Choice Voucher or living in a subsidized unit) and also enrolled in our GOALS program for one year. To receive housing assistance through Home Forward, information can be found about waitlists and current openings at www.homeforward.org. To enroll in the GOALS program, housing assistance recipients can apply online at www.homeforward.org/goals/ or call (503) 802-8300 and request a paper application. Limit one IDA per lifetime.

Application process: IDA applicants will work during their first year in the GOALS program to complete the pre-enrollment requirements, which are to write out a monthly budget, take a financial education class, access their credit report, and practice making deposits into a savings account for 3 months. Once those are completed their name will be added to the waitlist. New funding is received and new savers are enrolled in August of each year. The average amount of time spent on the waitlist is one year.

Average number of IDAs opened each year, in the 3 most recent years: 6-10

Maximum match per asset: $15,000 for vehicle education, and business; $18,000 for home purchase