Ceiba - IDA Program - Philadelphia; Kensington

Ceiba - Philadelphia; Kensington


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Data Provided By
2-1-1 SEPA 2-1-1 SEPA - 2-1-1 SEPA
General Information
Description of ServiceIDA Program provides Individual Development Accounts (IDAs) to individuals who are first time home buyers. It is a structured savings program that provides matching funds for participants who meet a savings goal and complete financial education. First time home buyers who save $2,000, complete 6 hours of financial literacy education, and participate in 5 hours of housing counseling are eligible to receive $4,000 in matching funds. Funds may be used for down payment or closing costs.
LocationPhiladelphia
Geographical AreaPhiladelphia; PA
Intake ProcedureCall for information or visit Ceiba's website.
 
Client Information
Languages SpokenSpanish
EligibilityEligibility Criteria:
- Participants must meet income guidelines by household size
- Participants must have earned income (e.g. from employment)
- Program requires 6 months of participation before participant becomes eligible for funds
- Applicants must meet with a housing counselor prior to applying to IDA program
- Credit report required
- Serves everyone.
 
Availability
Hours of Operation Please Call
Contact Information
 
Contact's Name Taylor LaPena
Physical Site Address 1 174 Diamond Street
Physical Site City, State, Zip Philadelphia, PA 19122
Main Phone 215-634-4846
Fax 215-634-7265
Service Location Email info@ceibaphiladelphia.org
Web Address www.ceibaphiladelphia.org
 
 
Affiliated Agency, Programs, and Services
Affiliated Agency: Ceiba
Affiliated Program: Ceiba - Philadelphia; Kensington
This Service: Ceiba - IDA Program - Philadelphia; Kensington
 
Taxonomy Postings
Posted to Categories: Homebuyer/Home Purchase Counseling (BH-3700.3000)
Individual Development Accounts (TB-0700.2100-330)