The Virginia Individual Development Account is a match savings program sponsored by the Virginia Department of Housing and Community Development that helps qualifying individuals to save money toward purchasing a home, or starting or expanding a business.
For every dollar saved, the VIDA program matches that dollar by $8. Eligible participants can save up to $500 with a maximum match of $4000, totaling $4500.
Staunton Creative Community Fund manages VIDA accounts for the Shenandoah Valley and is eager to see more qualifying residents take advantage of the program.
“This program is an amazing opportunity to take that next step. We are eager to help our community members to access the opportunities that are available to them as aspiring home and business owners,” said Rachel Haddad, program and development director at SCCF.
To learn more or find out if you qualify, contact Haddad at (540)213-0333, [email protected].
Staunton Creative Community Fund is a 501(c)3 non-profit organization that equips entrepreneurs in the Shenandoah Valley with the tools needed to be empowered in their entrepreneurial journey.
For more information visit www.stauntonfund.org or contact Debbie Irwin, Executive Director, at (540) 213-0333, [email protected].
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Chris Graham
