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What can you use the money
you save for?
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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.
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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.
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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. |
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