Press Room
Press Contact
Martha Wunderli
(801) 656-1610
martha@faircredit.org
Latest Asset-Building News
Saving for Microenterprise Development
Recognizing that, a number of microenterprise development programs are offering clients an opportunity to participate in an Individual Development Account (IDA), a matched savings account that can be tapped for a variety of purposes, including purchasing business assets.
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Individual Development Accounts May Aid Small Business Owners
In today’s uncertain economic times, more and more American families are struggling to make ends meet while attempting to live the American Dream.
There are some great programs available to assist families in this endeavor. Today, I want to talk to you about one of these programs—Individual Development Accounts (IDAs).
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Affordable Homeownership Done Right
Of the 1,212 IDA savers who purchased a home in the past five years, programs estimated that the majority were able to get conventional, fixed-rate mortgages.
In addition, there were only three defaults and four foreclosures reported.
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Help for the home
March 16, 2008, Salt Lake City, UT – Low-to-moderate-income people eager to own a house have assistance options.
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FDIC Report Highlights Business Case for Banks to Offer Individual Development Accounts
According to a report issued today in a new FDIC publication, the FDIC Quarterly,
the strategy of offering Individual Development Accounts (IDAs) is showing promise
as a means of attracting the banking business of low- and moderate-income households.
View
Article Here and the Full Report Here
BYU Single Mom Initiative UIDAN Report
In January 2007 the Brigham Young University Single Mom Initiative (SMI) partnered
with the Utah Individual Development Account Network (UIDAN) to conduct a qualitative
research project. The purpose of the UIDAN—SMI project is to explore the impact
of the UIDAN program on its participants.
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Utah Individual Development Account Network Introduces Real Estate Council
June 11, 2007, Salt Lake City, UT – AAA Fair Credit Foundation, home of the Utah
Individual Development Account Network (UIDAN), is pleased to invite real estate
professionals to participate in an exciting new opportunity to become a member of
the UIDAN Real Estate Council.
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Savings program leads to home owners
Davis County Clipper - Fri, May 25, 2007 - There’s nothing new about saving for
a home. But the Utah Individual Development Account Network (UIDAN) makes it a lot
easier for lower income folks who may believe home ownership is an impossibility.
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Help sought for Utahns living on the edge
Deseret News - Fri, May 18, 2007 - Several organizations, including UIDAN, brief
a Utah legislative committee on programs helping low- to moderate-income Utah families.
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WhatMomWants will donate to help women
Deseret News - Fri, April 20, 2007 - Web site donates part of proceeds to UIDAN
progam.
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Local Agency Receives Grant to Bring Economic Prosperity to More Utahns
AAA Fair Credit Foundation announces that it has received a $75,000 to support its
UIDAN from The Daniels Fund.
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Program Will Help Finance Homes.
Ogden Standard-Examiner article from January 12, 2007 highlighting UIDAN.
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Single Mom Initiative Field Study
Winter semester BYU students will work with Utah's Individual Development Account
Network (UIDAN).
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Growing a Middle Class - Lawmakers are promoting financial stability and success
for working families.
Article highlighting programs including UIDAN that are emerging in America.
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