Virginia Individual Development Accounts at The Highland Center

Are you interested in starting or expanding a business or getting more education? The Highland Center is now offering a new program, Virginia Individual Development Accounts or VIDA, that can help you reach your goals. VIDA provides matching funds for individuals interested in saving money for education, small business start-up, or small business expansion to low income or low wage individuals and families. VIDA will match $2 for every $1 saved by the participant. Participants can save up to $2,000 in a two-year-period (that’s up to $4,000 in matching funds!). This program also provides financial savings and personal financial planning training. For more information and to begin your application and training, contact Sarah Collins at 540-468-1922 or email sarahcollins@htcnet.org.

VIDA Income Eligibility Chart
VIDA Income Eligibility Chart

VIDA is a state-wide program administered by the Virginia Department of Housing and Community Development and The Highland Center has partnered with the Staunton Creative Community Fund to act as a local Intermediary for VIDA.  

 

 

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