Dream$avers Individual Development Account (IDA)

If a bank offered to match your savings 3 to 1 would you make a deposit? Of course! That’s why NeighborWorks Umpqua has a program that does exactly that…quadruples your money if you’re saving for college, starting a business, enrolling in a job training program, or buying a home. Dream$avers is an Individual Development Account or IDA program designed to Oregon residents reach for a brighter future. You may also qualify for Dream$avers if you’re saving money to repair and maintain your home. We can help you work towards your dream by matching every dollar you save, up to $3,000, with another $3 dollars. Imagine how fast even a small monthly deposit will add up when your money is quadrupled! Think about turning your $3,000 into $9,000 with an IDA from NeighborWorks Umpqua. In addition, as a Dream$aver you receive education and training to help you meet your financial goals, start a business, plan your career, or purchase or repair a home.

NWU-DreamSavers-page-01Do you have a savings goal?

To become a Dream$aver, you must have a goal to:

  • Go to college
  • Get job training
  • Become employed
  • Get a better job
  • Buy a home
  • Start a business
  • Repair or maintain your home

Do you qualify for Dream$avers?

You may qualify for the Dream$avers program if you are:

  • 12 years or older
  • An Oregon resident
  • A member of a household that meets the income and net worth limits requirements
  • Willing and able to save for 6 months to 36 months


If you qualify for Dream$avers, our team of IDA specialists can provide you with training, goal setting guidance and support to help you achieve your savings goals.

Thinking of applying?

For more information please call 541-671-5842 or click here to email us

Dream$avers Youth IDA for Students

NeighborWorks Umpqua has a Dream$avers Youth IDA program for students who are 12 to 18 years of age. Learn more…

Dream$avers program funding

The Individual Development Account (IDA) Initiative is supported by funding from the Oregon IDA Tax Credit. The Oregon IDA Tax Credit allows you to support participants like ours and get back a 75% credit on your State tax return. For more information, visit Oregon IDA Initiative.

D$ FAQ (Frequently Asked Questions)