Your Net Assets (your assets – your debts) must be below $20,000. This does not include your primary home, primary vehicle or up to $120,000 in retirement savings. Examples of assets are real estate, vehicles, bank/savings accounts, etc. Example of Debts are Loans, credit cards, medical debt, student loans, etc.
NeighborWorks Umpqua only allows participants to graduate the program once. This means that if you have participated in the program and spent any of the match dollars, you are no longer eligible for the program through NeighborWorks Umpqua. You may still qualify for other IDA programs in your area. You can use this tool to search for other organizations who may offer IDA’s like the Dream$avers program here: https://oregonidainitiative.org/find-ida-provider/