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Prosperity Works
  • Home
  • About Us
    • Mission, Vision, & Values
    • Our Team
    • Our Board of Directors
    • News
  • Building Assets
    • Child Development Accounts
    • Individual Development Accounts
    • Impact
  • Protecting Assets
    • Community Solar
    • Fair Lending Options
    • Financial Resource Guide
    • Safe Accounts & Loans
    • Sustainable Household Energy Management
  • Our Partners
    • New Mexico Assets Consortium Resource Guide
  • Donate
    • Impact of Education
    • Energy Equity Day
    • Leave a Legacy
    • Donate Stock & Fund Shares
  • Contact
Give Now

Individual Development Accounts

What are Individual Development Accounts?

Individual Development Accounts (IDAs) are matched savings accounts for individuals interested in saving for a change-making asset—like a home or home repair, business, vehicle, or post-secondary education. We created our IDA initiative to help empower hardworking families through financial capability training to save, invest, and accumulate assets—to enhance their household’s long-term socioeconomic health and wellbeing.

​As part of our IDA initiative, ​IDA holders (future savers!) are required to complete a financial education program offered through our network of local, community-embedded nonprofit organizations, which are part of the New Mexico Assets Consortium.

Assets like a home, degree, or small business can promote long-term financial solvency and bridge generations. 
Learn More about the impact of IDAs
Learn more about our IDA partners

IDA Savers Share Their Stories

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Prosperity Works is a 501(c)(3) organization dedicated to supporting limited-income New Mexicans build and protect assets they need to be successful. Whether that's investing in education, providing low-interest lending options.
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Child Development Accounts
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PROSPERITY WORKS
Address:
​909 Copper Ave NW
Albuquerque, NM 87102


Phone:
(505) 217-2747
​
Email:
info@prosperityworks.net

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  • Home
  • About Us
    • Mission, Vision, & Values
    • Our Team
    • Our Board of Directors
    • News
  • Building Assets
    • Child Development Accounts
    • Individual Development Accounts
    • Impact
  • Protecting Assets
    • Community Solar
    • Fair Lending Options
    • Financial Resource Guide
    • Safe Accounts & Loans
    • Sustainable Household Energy Management
  • Our Partners
    • New Mexico Assets Consortium Resource Guide
  • Donate
    • Impact of Education
    • Energy Equity Day
    • Leave a Legacy
    • Donate Stock & Fund Shares
  • Contact
  • Give Now