INDIVIDUAL DEVELOPMENT ACCOUNTS (IDA) | LUTHERAN SERVICES IN IOWA (LSI)

3200 University Avenue, Des Moines, IA 50311

Eligibility

Must have arrived in the US with refugee status, have been in the US for less than 5 years (if saving for a car, less than 3 years), have income and be at or below 200% of poverty guidelines

Required documents

Valid ID, I-94 form or Green Card, proof of income (one month of paystubs for every working member of your family)

Hours

Mon 8:30 am - 5 pm Tue 8:30 am - 5 pm Wed 8:30 am - 5 pm Thu 8:30 am - 5 pm Fri 8:30 am - 5 pm

(515) 271-7335

Voice

(515) 271-7411

Voice

(515) 271-7340

Fax

https://www.lsiowa.org/refugee/individual-development-accounts/

[email protected]

Languages

English

Application process

Contact the Refugee Connection Center for further details

Fees

None

Service area

Adair County, Iowa
Jasper County, Iowa
Ringgold County, Iowa
Polk County, Iowa
Union County, Iowa
Dallas County, Iowa
Marion County, Iowa
Warren County, Iowa
Wayne County, Iowa
Decatur County, Iowa
Madison County, Iowa
Taylor County, Iowa
Clarke County, Iowa
Lucas County, Iowa
Adams County, Iowa

Description

Provides financial education to former refugees to help them build understanding of the U.S. banking and financial system. Courses in financially literacy are offered as well as financial assessment tools to help determine financial stability. The program also offers refugee's the chance to create a savings account with the intent to buy a car, home, business or education. LSI will contribute to the savings account by providing matching funds. Matching funds can only be received by completing the requred trainings.

What's Here

Financial Literacy Training Financial Assessment Tools

Providing organization

LUTHERAN SERVICES IN IOWA (LSI)

Offers children and family services.