Local – Individual Development Accounts (IDAs)

Local – Individual Development Accounts (IDAs)

Farm Financing

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Individual Development Accounts (IDAs) – IDAs are matched savings accounts available for lower income individuals and small business owners to assist with equipment purchases, working capital and more. Many IDAs feature a 3:1 match for up to $12,000 in savings, and some non-profits make IDAs available for food and farm businesses. Individuals can apply through the Oregon IDA Initiative and find a list of regional non-profit organizations that offer IDAs.

 

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