Assets for Independence Act

Assets for Independence Act (AFIA) is an American law which provides $125 million over five years to fund Individual Development Accounts (IDA). Individual Development Accounts are matched savings accounts that help low-income people save for a particular goal, such as buying a home, paying for post-secondary education, or starting or expanding a small business.

Assets for Independence Act

Assets for Independence Act (AFIA) is an American law which provides $125 million over five years to fund Individual Development Accounts (IDA). Individual Development Accounts are matched savings accounts that help low-income people save for a particular goal, such as buying a home, paying for post-secondary education, or starting or expanding a small business.