Dream$avers
Are you saving to reach your dream and need assistance? Lacasa’s Dream$avers program can provide you with up to $4,500 in matching funds to help make your dreams a reality.IMPORTANT NOTE: Lacasa is currently accepting Dream$avers applications and inquiries! Fill out the online form below to get started.
You Can Reach Your Home, Education, and Professional Goals!
Who is Eligible?
IDA clients must be:
-An Indiana Resident
-Employed
-Below 200% of Federal Poverty Guidelines (See chart)
-Able to meet screening requirements*
*List of required documents:
Proof of Income
- Most recently filed tax returns including W2’s (for all members of your household)
- 4 consecutive weeks of most recent paystubs (for all members of your household over 18)
- Most recent monthly Checking and Savings Bank Statements OR printout from bank
- Documentation for any additional income including second or third jobs (if applicable)
Proof of Income (not included in eligibility requirements for income)
- Current year Social Security Award letter (if applicable)
- SNAP Benefit printout for current year (if applicable)
- Child Support and Alimony (if applicable)
Identity and Proof of Address
- Color copy front and back of License and Social Security Card
- Proof of address if different from your license
Family of 1 Family of 2 Family of 3 Family of 4 Family of 5 Family of 6 Family of 7 Family of 8
$29,160 $39,440 $49,720 $60,000 $70,280 $80,560 $90,840 $101,120
*For families/households with more than 8 persons, add $9,440 for each additional person
PROGRAM TIMELINE
The program minimum is 2 fiscal years (fiscal year: July-June). Up to $800 of your personal savings will be matched 3:1 during each fiscal year in the program for a maximum match of $4,500 total. Program fee is split when the account is opened ($50) and when the participant withdraws their funds ($149).
Program applications are sent on the first day of the month. Fill out the inquiry below before the first of the month for faster processing time. Accounts are limited to one per household per lifetime. Applications are limited to two per household, per year. If your household does not complete application steps before the application deadline or is denied twice in one year, the next opportunity to apply will be the following calendar year.
Lacasa’s Dream$avers Program features FOUR categories. Expand the links below to read more!
Home Ownership- Inquiry
With Dream$avers, you may be a lot closer to owning your first home than you think. Here’s how it works. You save $1,500 of your own earned income and get it matched with up to, $4,500 from the program! That may be enough for closing costs and a down payment. You will commit to participating in training and coaching that will ensure your success as a home owner. Might this work for you? Look at the following questions. If you can answer yes to all of them, click on the link to get started working with us on this program. By doing this, you are not committing to anything.
Program Requirement Questions:
- Am I currently employed?
- Do I have a valid social security/ITIN number?
- Am I a resident of Indiana?
- Does my family meet the earned income limits for the program?
- Do I intend to purchase a home within Indiana?
- Am I willing to provide the necessary documents to prove my eligibility?
Interested in This Program? Submit Inquiry In Less than 5 Minutes.
If you answered yes to all of these, be sure and take the next step by clicking here to submit your inquiry form. You will be asked a few more questions that will help us get you started. This will not take more than 5 minutes. You will receive a follow up email to continue the process. Your inquiry will remain on pause until the first day of the month when we will email you an application and request necessary documents. Please watch your email and check your spam folder frequently.
Higher Education or Job Training- Inquiry
This matched savings program can help you or a dependent obtain a degree / certification with less overall debt and more financial savvy! You will save $1,500 of earned income and get it matched with up to, $4,500 from the program. This money can be used for tuition / registration, books, a school laptop, and/or other related fees at any accredited institution of higher learning or accredited job training program. You will commit to participating in financial education classes to help you manage your financial health while working towards your dream. Might this work for you? Look at the following questions. If you can answer yes to all of them, click on the link to get started working with us on this program. By doing this, you are not committing to anything.
Program Requirement Questions:
- Am I currently employed?
- Do I have a valid social security/ITIN number?
- Am I a resident of Indiana?
- Does my family meet the earned income limits for the program?
- Am I currently enrolled or planning to enroll in an accredited institution of higher learning or job training program?
- Am I willing to provide the necessary documents to prove my eligibility?
Interested in This Program? Submit Inquiry In Less than 5 Minutes.
If you answered yes to all of these, be sure and take the next step by clicking here to fillout your inquiry form. You will be asked a few more questions that will help us get you started. This will not take more than 5 minutes. You will receive a follow-up email to continue the process. Your inquiry will remain on pause until the first day of the month when we will email you an application and request necessary documents. Please watch your email and check your spam folder frequently.
Small Business- Inquiry
Have you always wanted to be your own boss but need financial assistance turning your plans into a reality? Have you already taken that first step but need additional resources to give your business that boost it needs? With the Dream$avers program, you will save $1,500 of earned income and get it matched with up to, $4,500 from the program to start a new business or expand an existing business. The funds can be used for things like start-up costs, marketing, inventory and/or equipment, to name a few! You will commit to participating in personal financial education classes to help you manage your own financial health while working towards your dream. Might this work for you? Look at the following questions. If you can answer yes to all of them, click on the link to get started working with us on this program. By doing this, you are not committing to anything.
Program Requirement Questions:
- Am I currently employed?
- Do I have a valid social security/ITIN number?
- Am I a resident of Indiana?
- Does my family meet the earned income limits for the program?
- Do I currently own a business based in Indiana or have an approved business plan to start one?
- Do you have a business plan?
- Am I willing to provide the necessary documents to prove my eligibility?
Interested in This Program? Submit Inquiry In Less than 5 Minutes.
If you answered yes to all of these, be sure and take the next step by clicking here to submit your inquiry form. You will be asked a few more questions that will help us get you started. This will not take more than 5 minutes. You will receive a follow-up email to continue the process. Your inquiry will remain on pause until the first day of the month when we will email you an application and request necessary documents. Please watch your email and check your spam folder frequently.
Home Repairs- Inquiry
Have you already achieved your dream of owning a home, but now find that necessary repairs or updates are hard to save for on your own? With the Dream$avers program, you will save $1,500 of earned income and get it matched with up to, $4,500 from the program to make essential home repairs. The funds can be used for things like insulation, roofing, heating/cooling, and energy-efficient windows, to name a few! You will commit to participating in financial education classes to help you manage your financial health while working towards your dream. Might this work for you? Look at the following questions. If you can answer yes to all of them, click on the link to get started working with us on this program. By doing this, you are not committing to anything.
Program Requirement Questions:
- Am I currently employed?
- Do I have a valid social security/ITIN number?
- Am I a resident of Indiana?
- Does my family meet the earned income limits for the program?
Does the project I have in mind meet the following criteria?
- Is it necessary, permanent, and for non-cosmetic reasons? Will it add value to my home?
- Am I willing to provide the necessary documents to prove my eligibility?
Interested in This Program? Submit Inquiry In Less than 5 Minutes.
If you answered yes to all of these, be sure and take the next step by clicking here to submit your inquiry form. You will be asked a few more questions that will help us get you started. This will not take more than 5 minutes. You will receive a follow-up email to continue the process. Your inquiry will remain on pause until the first day of the month when we will email you an application and request necessary documents. Please watch your email and check your spam folder frequently.
Providing Elkhart County with empowerment, stability, and vitality. All thanks to you.