Section 365-205-010. Purpose.

Latest version.

The purpose of the individual development accounts (IDA) program is to create incentives and support for savings and purchases of major assets by low-income people in Washington state. IDAs will promote job training, home ownership, and business development among low-income individuals and provide assistance in meeting the financial goals of low-income individuals. Additionally, a special IDA program for foster youth is described below.

The changes made in state statute to create this program can be found in RCW 43.79A.040 and chapter 43.31 RCW.

[Statutory Authority: RCW 43.79A.040 and chapter 43.31 RCW. WSR 05-21-091, § 365-205-010, filed 10/18/05, effective 11/18/05.]

RCW 43.79A.040 and chapter 43.31 RCW. WSR 05-21-091, § 365-205-010, filed 10/18/05, effective 11/18/05.

                    
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