Oregon Individual Development Account (IDA)

Oregon Housing & Community Services

Available Down Payment

About This Program

Matched savings program to help low-income Oregonians save for homeownership down payment. State matches $3 for every $1 saved, up to $2,000 in personal savings for $6,000 total. Financial education required.

Maximum total savings including 3:1 state match

Key Details

  • Save $2,000, receive $6,000 total with match
  • 3:1 state match on personal savings
  • For low-income aspiring homebuyers
  • Financial education classes required
  • Administered by local nonprofits in Salem

How to Apply

Deadline: Ongoing enrollment at partner agencies

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