My Grocery Store IDA

Delivering Reinvestment

An Individual Development Account (IDA) is an asset building tool designed to enable low-income families to save towards a targeted amount usually used for building assets in the form of home ownership, post-secondary education and small business ownership.

MGS IDA Pilot goal is to match up 5 times what a participant saves. For example if the participant saves $2,000.00 they will receive up to $10,000.00 to assist with their selected goal. Matching funds come from matching partners and My Grocery Stores.

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IDA: About Us

Join The IDA Team

Take a Look

Become A Participant

If you would like to become a homeowner, start your own business or obtain a post secondary education register now.

Become A Matching Partner

Matching Partners are critical to the success of the progress of the IDA. This is a chance for you to pay it forward within communities that have been undeserved and people who need that one break in life. Your contributions are tax deductible under 501c3 guidelines.

IDA: Projects