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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.
IDA: About Us
Join The IDA Team
Take a Look
IDA: Projects
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