- Basic Needs
- Home Buying and Home Ownership
- Jobs Skills & Training
- Money Management
- Small Business
- Tax Credits & Information
Matched Savings for Home Purchase
Family Development Account Coalition – Matched Savings Program — FDAs or IDAs
The FDA Program enables low-income families to establish savings accounts that will be matched when withdrawn to purchase an approved asset.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) and Midcoast Maine Community Action are the two agencies offering the program in the Sagadahoc/Lincoln County area.
The Maine Centers for Women, Work and Community 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.
Midcoast Maine Community Action actively promotes economic and community development of the businesses and communities in the mid-coast area where individuals and families reside. To learn more about their FDA program: http://www.midcoastmainecommunityaction.org/
Volunteers with the The Midcoast Maine Creating Assets, Savings, and Hope (CA$H) coalition are offering free assistance with the Maine Residents Property Tax and Rent Refund Application, known as the “Circuit Breaker” program through October of this year and then again during the 2011 tax season.
The Midcoast Maine Creating Assets, Savings, and Hope (CA$H) coalition has wrapped up another record-breaking tax season, helping 330 taxpayers file federal and state income taxes that resulted in more than $600,000 worth of refunds going back to the local economy.
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Maine Residents Property Tax and Rent Refund “Circuit Breaker” Program
Maine’s Circuit Breaker program allows eligible Maine residents to receive a partial refund of property taxes and/or rent paid on their primary residence. For more information: http://www.maine.gov/revenue/taxrelief/tnr.htm
Maine Centers for Women, Work and Community/WWC
WWC provides training, advocacy and assistance in four program areas: Building a Career; Starting a Business; Managing your Money; and Becoming a Leader. For more information go to: http://www.womenworkandcommunity.org/