CoAction’s Match Savings Program helps you save money and reach your goals faster!
Here’s how it works: you save $1,500 we match that 3x over! That means your savings can grow much bigger, much faster.
You Can Save For:
Why Join?
- Buying your first home
- Repairing your home
- Going to school or job training
- Getting reliable transportation
- Free matching money up to $4,500
- Helpful money classes that teach smart ways to save and spend
- Personal support from a HUD Certified Housing Counselor
- Real results that help you reach your goal
You’ll open a special savings account, learn new money skills, and watch your savings grow with every deposit. By the end, you’ll have the money and confidence to take your next big step.
Your dreams are possible. We’ll help you get there!
Interested in saving and earning your match? Click below to join our waitlist and learn more.
FAQs
To participate in our Matched Savings Program:
- You must be an Indiana resident.
- You must be employed.
- Your household income must be below 200% of Federal Poverty Guidelines based on household size.
- You must be able to save at least $25 per month.
Able to commit to program completion over one to three years.
For each dollar you save, the program provides $3 in matching funds. To complete the program you save a total of $1500 over one to three years, and the program provides match up to $4500 for purchase of a qualified asset.
Savings can be used to build assets through one of the following:
- A primary residence located in Indiana.
- Education and job training.
- Making essential repairs to owner-occupied housing located in Indiana.
- Purchasing a vehicle for employment, education, or job training purposes.
Participants in the Matched Savings program have up to 3 years to save their contribution and complete the required financial education. After the savings goal is met, participants have up to 1 year to complete their asset purchase.
Specially structured accounts are held at financial institutions that have agreements with CoAction. When you are approved for and enrolled in the program, the program staff will work with you to establish an account at a specific financial institution.
Revised 10/22/25
