CC-Match/ IDA Program

CC-Match/ IDA Program



Contra Costa – Moving Assets Toward Community Hands (CC-MATCH) is a matched savings program for individuals with low incomes looking to access their first high return asset such as:

  • A Home
  • Post-secondary Education
  • Establishing a Small Business

Since CC-MATCH started in 2004, 98 people have completed the program, met their savings goals and received match funds. Of these, 72 made a down payment on their first home, 17 paid for educational expenses, and 9 invested in their own business. CHDC has leveraged over $17.5 million in assets through matched savings to assist participants in meeting their homeownership, education or small business goals.

How the Program Works

First you must complete the Financial Fitness Workshop, be a resident of Contra Costa County, and meet the income eligibility below. Then, working with CHDC’s Financial Coach, you will set a personal savings goal and open an Individual Development Account (IDA) savings account. Once you are enrolled in the savings program, you must make savings deposits for at least 6 months before you can make a withdrawal. For those saving to purchase their first home, we can take into account monthly savings deposits you made prior to enrolling in CC-MATCH.

When you make a deposit, matching funds are also deposited into a separate account, up to a maximum amount determined by the program. Depending on your savings goal, your deposits may be matched at the rate of 2 to 1, or 3 to 1. IDA accounts are generally not available for withdrawal during the savings period. Match funds are disbursed when you reach your savings goal, and are paid directly to the appropriate vendor.

Eligibility Criteria

To qualify for an Individual Development Account (IDA) with the CC-MATCH program, you must meet the following criteria:

  • Live in Contra Costa County
  • Complete CC-MATCH Financial Fitness Education Training
  • Have a credit score of 620 or above
  • Be at least 18 years of age (or will be 18 when you meet your goal).
  • Have less than $10,000 in assets per household (n/a for homeownership)
  • Meet the following annual income guidelines:


Income Guidelines if you are
saving for homeownership
Household Size Maximum Income
One $46,350
Two $53,000
Three $59,600
Four $66,250
Five $71,550
Six $76,850
Updated 8/2013
Income Guidelines if you are
saving for business or education
Household Size Maximum Income
One $22,980
Two $31,020
Three $39,060
Four $47,100
Updated 8/2013

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Community Housing Development Corporation 1535-A Fred Jackson Way, Richmond CA 94801-1525 PH: (510) 412-9290 PH: (707) 652-7861 FX: (510) 215-9276

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