- 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The FDA Program enables low-income families to establish savings accounts that will be matched when withdrawn to purchase an approved asset.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/
Tax Coalition Volunteers Help Return More Than $750,000 to the Local Economy
The Midcoast Maine Creating Assets, Savings, and Hope (CA$H) coalition had another record-breaking tax season, helping 443 taxpayers file federal and state income taxes that resulted in about $763,000 worth of federal and state refunds going back to the local economy.
Struggling families get free tax prep help from Midcoast CA$H
Families struggling to make ends meet shouldn’t have to pay to get their tax refund and, in Maine, they don’t – thanks to the Midcoast Creating Assets Savings, and Hope (CA$H) Coalition. Midcoast CA$H offers free tax preparation from Jan. 22-April 14, 2012 to anyone who earned less than $50,000 in 2011 (combined income).
Call 207-319-1390 to make an appointment starting Jan. 9, 2012. Or 207-373-1140, ext. 206 for more details.
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/