NORWESCAP Individual Development Funds
(908) 454-7000
Phillipsburg
This program is a matched savings program that works with income eligible individuals to help them achieve wealth accumulation and assets.
How It Works:
- Attend an IDA Orientation
- Sign a savings plan agreement
- Open an IDA personal saving account
- Deposit at least $10 per month
- Attend financial literacy classes
- Receive match dollars
- Match dollars can be utilized to achieve the goal of attending school, starting a business or purchasing a home.
Eligibility | Must be income eligible Must complete and submit an application Must attend a series of financial workshops Available to residents of Morris, Sussex, Warren, Somerset, and Hunterdon counties |
Community Services |
Basic Needs / Assistance |
Payment Types |
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Last Updated: 09/13/21