|
WVIDA Launch The Kanawha Institute for Social Research & Action, Inc (KISRA), WV Coalition Against Domestic Violence, YWCA Resolve Family Abuse Program, SAFE, Family Refuge Center and BB&T Bank are joining forces for the WV Individual Development Account (WVIDA) Initiative. IDAs, or Individual Development Accounts, are special matched savings accounts designed to help families and individuals of modest means establish a pattern of regular saving and, ultimately, purchase a "productive asset." WVIDA participants, who will be victims of domestic violence and low income citizens, will use their savings and match money toward any of three productive assets: a home, a small business or a post-secondary education. Participants will receive $3 in match money for every $1 saved. Funding for this initiative has been secured from the Office of Community Services/Assets for Independence, Charleston Urban Renewal Authority, Greater Kanawha Valley Foundation, Mary Reynolds Babcock Foundation and WV Alliance for Sustainable Families. The initiative will be launched on Thursday, October 1st, 2009 at 10:00 am at BB&T Bank, 6th floor dining room, 300 Summers Street, Charleston. Contact Carol Carroll at 304.340.3573 to RSVP for the launch. Feel free to contact Michelle Foster at 304.768.8924 x204 for more information about this initiative. |
Kanawha Institute for Social Research and Action, Inc.
