Resources: A Home of My Own
![[Logo: Homes and Communities: U.S. Department of Housing and Urban Development]](../../../parallels2/epilogue/leading/images/006_1.gif)
Since housing assistance is provided on behalf of the family or individual, participants are able to find their own housing, including single-family homes, townhouses and apartments. The participant is free to choose any housing that meets the requirements of the program and is not limited to units located in subsidized housing projects. The program includes a homeownership voucher for those who want to purchase their first home and need assistance with the mortgage and/or other homeownership expenses. Not every local PHAs participates in the program, but every state has experience with it, and at last report, over 4,000 homes were purchased through the program. https://www.hud.gov/topics/buying_a_home
An Individual Development Account, also known as an "IDA", is a savings account for low-income workers that can be used for small-business development, higher education or the purchase of a first home. Each time you make a deposit, the IDA program contributes an additional deposit called a match. IDA programs can have a match one, two or three times the size of each deposit you make. For example, if you receive a 2:1 match, each time you deposit $25, you will get an additional $50 toward your savings goal. https://prosperitynow.org/issues/individual-development-accounts