Education & Development
An IDA is an Individual Development Account which is a matched savings program that helps youth save money for a qualified purchase. For every $1 saved, the IDA Program will match $3 and funds can be used for a qualified purchase. There are currently three purchases that qualify for matching funds: Education, Vehicle and Small Business.
- Agree to save a minimum of $25.00 per month based on savings from earned income, participation in Tribal activities or referring another Tribal Citizen
- Complete Financial Education classes
- Agree to review and, if necessary, address any issues that would inhibit your financial success and completing your qualified purchase
- Abide by the Program's rules and responsibilities as described by program staff and in the written materials received
Home Buyer Education
Home Buyer Education is a prerequisite in obtaining Down Payment Assistance and Principal Pay Down. Interested Tribal Citizens who reside within the five-county service area or an adjacent county are required to attend Homebuyer Education. Homebuyer Education classes are offered twice per year. Please visit the event calendar to find upcoming classes.
What is Financial Management?
Financial Management is an educational, self-supporting process that helps participants maintain accountability for the financial decisions they make. This is accomplished by providing members with information that, along with their own determination and self-sacrifice, enables them to improve or enhance their financial future. Participants learn financial concepts that helps to develop skills to overcome financial challenges. During the five-part series, participants meet to hear detailed information and gain knowledge about managing debt and credit, banking, budgeting/spending plans, consumer protection and long-term financial planning. The classes will be instructed by our certified staff alongside professionals scheduled to present topics in their area of expertise.
The Housing Department’s Financial Education classes are designed to assist all Tribal Citizens and their household members. Whether you are trying to eliminate debt, overcome credit obstacles or are interested in maintaining your current level of financial security, we encourage Tribal Citizens from diverse financial backgrounds to attend and work together in achieving their goals. Please visit the event calendar on the homepage to see the October/November dates for Financial Education.
Do you have any Financial Goals?
The Citizen Asset Management Department will provide individualized financial counseling/coaching for Tribal Citizens to help them reach financial goals including the following:
- Increasing Credit Score
- Credit Building/Rebuilding
- Debt Repayment
- Utilization of Quality Financial Services
- Asset Development
The Financial Housing Counselor will work directly with Tribal Citizens to ensure that families reach their educational, financial and asset goals. We will also identify and refer participants as needed to other resources and services needed to achieve their financial goals.