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Flint IDA Collaborative

Legal Services of Eastern Michigan

  • Program Flint Area
  • Program Area Meeting Evolving Community Needs
  • Grant Amount $200,000
  • Grant Period August 1, 2004–July 31, 2007
  • Location Flint, MI, United States
  • Geographic Focus Flint

About this grant

This grant will enable Legal Services of Eastern Michigan to allocate Individual Development Accounts (IDAs) to low-income residents of Genesee County. IDAs were created as an anti-poverty tool to develop financial wealth among low-income individuals to help them move out of poverty. These matched savings accounts allow low-income households to accumulate assets for specific goals such as micro-enterprise, education and job training, and homeownership.Multiyear funding will cover administrative and matching fund costs to provide 100 accounts to low-income Genesee residents over the next three years. The local IDA delivery system will be implemented in collaboration with Metro Housing Partnership. The United Way of Genesee County, the Ruth Mott Foundation and the Community Foundation of Greater Flint are also providing account matching funds.Legal Services of Eastern Michigan is a nonprofit law firm that has offered free civil legal assistance to the poor since 1951. Currently, it serves both urban and rural areas in 10 mid-Michigan counties and is organized into legal specialties in order to provide the greatest focus of legal expertise to clients.