Community Action's Free to Save Matched Savings program offers individuals with low-to-moderate income the opportunity to save, build habits, and transform economic goals into reality.
The program provides a 4:1 savings match to participants. Individuals will engage in financial and asset-specific education while saving over time towards the purchase of an asset.
Free to Save participants will save $1,000, matched with $4,000, for a total savings of $5,000 towards the purchase and associated costs of the assets for one of the following:
- Home
- Vehicle*
- Post-secondary education
- Small business start-up or expansion
Free to Save Matched Savings program is not intended to address immediate needs. To be eligible for this program, you must be a resident of Lancaster or Saunders County, Nebraska. Individuals with annual income at or below 200% of the federal poverty guidelines (currently $60,000 for a family of four) and a net worth of less than $10,000 may be eligible.
*If participants wish to replace a current vehicle, it must have more than 130,000 miles on it.
Ready to apply?
Fill out your secure online application HERE.
Want to Know More?
If you would like to know more about Community Action's Financial Well-Being program, please contact our team at:
402-875-9354
FWB@communityactionatwork.org
