Savings Goals


  What can you use the money you save for?

bullet  Homeownership: IDA's can help to pay for the down payment and closing costs of a home that will be your primary residence if you are a first-time homebuyer. Homeownership counseling is required. Your primary residence must be in the State of Delaware.

bullet  Education & Training: Use your Delawareans Save! dollars to help pay for attending a community college, four-year college or university or vocational training school. Your IDA can be used to pay for tuition, fees, books, supplies and equipment that are required for this education.

bullet  Small Business: You can open a business or grow the business that you have. IDA funds can be used for business capitalization. Small business assistance is provided to help you meet the goals. Microloans are available with special opportunities for IDA investors.
 

Delawareans Save! is administered by First State Community Loan Fund