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, 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                                                 $39,900
    2                                                 $45,600
    3                                                 $51,300
    4                                                 $56,950
    5                                                 $61,550
    6                                                 $66,100
    7                                                 $70,650
    8                                                 $75,200
    Note: These figures are below 80 percent of the Multnomah County Median Family Income.

  • Do you have less than $20,000 in total household assets (excluding your home and your primary vehicle)?
  • Do you have a source of earned income so you can make your monthly savings deposits?
  • Are both your business and residence located in Oregon?

STEP THREE: Attend an orientation