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What is the Alaska IDA Program? It’s a statewide program, funded by the MIG grant that enables low-income Alaskans to accumulate assets and escape the cycle of poverty permanently. It targets people who have the most barriers to savings, through a matched savings account program and a pooled account program which matches up to $1 million. The details of this program are available for download and could be a useful resource for other states looking to develop similar MIG programs.
Programs/Initiatives:Medicaid Infrastructure Grant (MIG)
Keywords:Wages and Benefits; Eligibility; Enrollment
Matched Savings Account Program; Pooled Account; Assets for Independence Act; Low-income Alaskans; IDA Program; The Alaska Asset Building Coalition
The MIG Team
Short URL: http://www.advancingstates.org/node/52379