Thursday, March 26, 2009

The Utah IDA Network

I realized after my first post that many people might wonder what the Utah IDA Network is. The Utah IDA Network (UIDAN) helps people under 200% of the federal poverty level purchase a first home, education, or small business. They require a personal financial managment class prior to comeing into their program. Once in the program they match your money three dollars for every 1 dollar you put in towards the purchase of one of those items. The maximum benefit from the program is $6000 and you must be in the program from 1-3 years. You can go to their website at www.uidan.org to learn more.

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