Individual Development Account (IDA)
An Individual Development Account is a matched savings account to help home buyers with down payment costs. Having a “Matched savings account” means, for every dollar an IDA participant saves, the program will match the amount with an additional amount to be used on the down payment for home ownership.
One-on-One Credit Counseling
The staff at BHCLF provides One-on-One Credit Counseling services to all participants of the BNC Training as well as to any community member who wishes to build financial skills for themselves and for their family. Financial success starts at home and by bringing financial literacy skills into the home you are taking positive steps towards closing the gap of financial disparity. BHCLF staff will work with individuals to establish goals, create a workable budget and plan to follow to reach the goals set by the individual counseled.