CA$H Maine

Creating Assets, Savings & Hope

Family Development Account Program

The Family Development Account (FDA) Program offers a matched savings account for income-eligible individuals and families who want to save money to:

  • Buy a home
  • Buy or repair a vehicle
  • Pay for emergencies

Participating families open a savings account to be used toward their identified goal. After completion of the program, these savings will be matched upon withdrawal approved purchases.

Please note: The FDA program is funded through federal grants. A limited number of accounts are available each year.

 

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CA$H Maine is a statewide collaboration of ten coalitions, comprised of 50 non- and for-profit partners, working together to help empower Maine individuals and families to achieve long-term financial stability.