NC IDA Partnerships

Local Program Funders

North Carolina Department of Labor

The North Carolina Department of Labor plays a major role in the North Carolina IDA movement and acts as the fiduciary for funds of two AFIA (Assets for Independence Act) grants. The Department's IDAs/TANF & Special Projects Division is responsible for oversight of these contractor IDA sites. The division provides technical assistance and quarterly training throughout the state, bringing together knowledgeable people focusing on IDA implementation, best practices, effective outreach, and critical aspects of program development. The program currently consists of 21 sites that provide services to 45 counties across North Carolina.

For additional information and contacts, please visit the web site at

North Carolina Division of Community Assistance

The Division of Community Assistance (DCA) has set aside Community Development Block Grant (CDBG) funding for community-based partnerships that have established track records and trusting relationships in serving disadvantaged constituencies. These funds will be awarded to applicants supporting home ownership IDA programs for first-time homebuyers with low-to-moderate incomes. The purchaser must be a first-time homebuyer, meet HUD LMI guidelines, and the home purchased must be the primary residence of the purchaser.

To be eligible for any CDBG program, the lead applicant must be a local government from a non-entitlement city or county. Entitlement cities and counties that receive their CDBG funds directly from the federal government and are not eligible for funds through the Small Cities CDBG program. Contact the North Carolina Division of Community Assistance to determine if your location is eligible for funding through this program.

Participants' savings must be matched with at least two dollars for every dollar saved. To qualify for a match, participants' savings must come from their income (i.e., no gifts from friends or family members or deposits made from past savings). CDBG will match 1:1 for a participant's savings up to $1,000; the remaining match must be provided by a local source. That local source can be local government funds, a non-profit, a secular or faith-based charity, or any other non-federal or state funds. If a higher local match can be raised, your program is free to increase the local match or otherwise supplement the matching incentive.

The Division of Community Assistance will provide matching funds for no fewer than 20 accounts per IDA program. The maximum amount of CDBG matching funds for any individual participant within a program is $1000, for a total expected account balance of $3000: $1000 saved by the participant, $1000 CDBG match, and $1000 match provided locally. The CDBG match will be provided for downpayment assistance upon final closing on the sale of the home.

Projects submitted under the IDA Program should be completed within 36 months of approval (three months planning period and 33 months of operation). Sources of funds other than CDBG must be firm, but may be committed contingent upon CDBG funding.

Applications are under an open grant cycle, but it is suggested that applications be submitted as soon as possible as resources are limited. Additional information may be requested from the applicant after the application has been received. The expense of submitting additional information in a timely manner must be borne by the applicant; it will not be paid by DCA.

Please feel free to contact Iris Payne at (919) 733-2850 for questions or to request an application.