Community Action's Free to Save program provides individuals with low-to-moderate incomes with great incentive to save, build wealth, and transform their economic aspirations into reality. The program provides financial and asset-specific education in addition to 4:1 savings match for one of the following purchases/investments:
- Post-secondary education
- Small business start-up or expansion
Participants save $1,000, which is matched with $4,000, for a total savings of $5,000.
The Free to Save program targets individuals with annual income at or below 200% of the federal poverty guidelines (currently $52,400 for a family of four) and net worth less than $10,000.
*If participants currently own a vehicle, it must have more than 130,000 miles on it to replace.
Ready to apply?
Fill out our secure online application.
For more information, or to request a paper copy of the application be sent to you, contact
Financial Well-Being Specialist