Improving Your Education

FDA Accounts! Go to school, buy a home, or start a business

Family Development Account Coalition – Matched Savings Program — FDAs

The FDA Program enables low-income families to establish savings accounts that will be used to buy a home, pay for education, or start or expand a small business. Participating families establish a savings account to be used toward their identified goal. These savings will be matched when withdrawn to purchase an approved asset.  For a program description: http://womenworkandcommunity.org/?page_id=101

The Maine Centers for Women, Work and Community (WWC), Penquis, and WHCA  are three agencies offering the program in the Eastern Maine area.

The Maine Centers for Women, Work and Community are committed to improving the economic lives of Maine women and their families. To help families save to meet their financial goals (including purchasing a home) they offer Family Development Accounts (FDA’s), or “matched savings accounts”.  The learn more about FDA’s and whether you are eligible, go to http://womenworkandcommunity.org/?page_id=80.

Penquis serves Penobscot and Piscataquis counties by offering programs to individuals and families in preventing, reducing, and eliminating poverty in their lives. Through various partnerships they engage the community in addressing its economic and social needs. Call them toll-free at 1-800-215-3699. http://www.penquis.org.

Washington Hancock Community Agency is a community action agency dedicated to fighting poverty and helping low-income people in Down East Maine. They offer a wide range of services including heating assistance, transportation, weatherization, small business assistance, tax preparation and more.



Last updated on November 2nd, 2009.  Filed under Finding a Home, Improving Your Education, Starting a Business.
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Highlights
Homebuyer Classes

HoMEworks educators and HUD approved Housing Counseling agencies

The HoMEworks goal is to provide a standardized, comprehensive homeownership education program to be delivered by a network of industry professionals in neutral environments throughout Maine.  Buyers who have taken the home buying classes are more confident when asking questions and making decisions about homeownership and loan products. Education gives buyers the tools they need to avoid predatory lending and possible foreclosure.

Click on the following links for more HoMEworks information.

HoMEworks brochure

HoMEworks class schedule and fee information

FDA Accounts! Go to school, buy a home, or start a business

Family Development Account Coalition – Matched Savings Program — FDAs

The FDA Program enables low-income families to establish savings accounts that will be used to buy a home, pay for education, or start or expand a small business. Participating families establish a savings account to be used toward their identified goal. These savings will be matched when withdrawn to purchase an approved asset.  For a program description: http://womenworkandcommunity.org/?page_id=101

The Maine Centers for Women, Work and Community (WWC), Penquis, and WHCA  are three agencies offering the program in the Eastern Maine area.

The Maine Centers for Women, Work and Community are committed to improving the economic lives of Maine women and their families. To help families save to meet their financial goals (including purchasing a home) they offer Family Development Accounts (FDA’s), or “matched savings accounts”.  The learn more about FDA’s and whether you are eligible, go to http://womenworkandcommunity.org/?page_id=80.

Penquis serves Penobscot and Piscataquis counties by offering programs to individuals and families in preventing, reducing, and eliminating poverty in their lives. Through various partnerships they engage the community in addressing its economic and social needs. Call them toll-free at 1-800-215-3699. http://www.penquis.org.

Washington Hancock Community Agency is a community action agency dedicated to fighting poverty and helping low-income people in Down East Maine. They offer a wide range of services including heating assistance, transportation, weatherization, small business assistance, tax preparation and more.