Turning the Dream of Homeownership into Reality Since 1999
Individual Development Accounts (IDAs)
Individual Development Accounts are dedicated savings accounts that support low-income
workers to save earnings, acquire assets and build wealth. Asset goals include homeownership,
micro-enterprise ownership and post-secondary education. It is the only program
of its kind whose success is dependent on the saving and dedication of participants,
thereby ensuring their long-term success as productive citizens.
With the support of the New Century IDA working group and success coaches, our dedicated
clients' dreams of successful homeownership turn into reality.
Municipal Economic Opportunities Project Report
Winston-Salem is one of three cities throughout North Carolina that was selected to
participate in the Corporation for Enterprise Development's Municipal Economic
Opportunities Project (MEOP). The MEOP Report examines asset poverty in Forsyth
County and Winston-Salem.
This is a valuable tool as we continue to work towards alleviating poverty in our community.
New Century IDA is proud to have empowered nearly 500 families in Forsyth County
to become first time home buyers. Learn more about the many benefits this has on
View Photos of Proud New Homeowners