STEP TWO: See if you qualify

See if the MCNW matched savings IDA is a good fit for you

If you can answer “yes” to all the questions below, and are not currently enrolled in an IDA program you may qualify for the MCNW matched savings IDA program.  Even if you do not qualify now, please check our website again.  We may have new programs to offer.

• Are your household earnings less than the income limits in this table?
  Family size                   Income limit
      1                                 $21,780
      2                                 $29,420
      3                                 $37,060
      4                                 $44,700
      5                                 $52,340
      6                                 $59,980
      7                                 $67,620
      8                                 $75,260

Note: These figures are below 200 percent of the federal poverty level

• Do you have less than $10,000 in total household assets (excluding your home and your primary vehicle)?
• Do you have a source of earned income to make a monthly savings deposit of at least $55?
• Are both your business and residence located in Oregon?

STEP THREE: Attend an orientation