ADDC assists Christian ministries, churches, and community organizations in the North Georgia and Chattanooga region to create their own IDA programs. ADDC is a program of the Chalmers Center, created in order to encourage churches to use IDA programs that they might better serve the poor in their communities.
What are IDAs?
IDAs directly target the economically poor in a manner that is specifically designed to empower (and equip!) them for success. The savings of an individual participant is matched by a church or organization at a predetermined ratio. These funds are used to purchase an asset of the individuals choosing, including education, a home, or car. This process of saving is accompanied by financial literacy courses, counseling, and mentoring.
Click here to see an example of how one organization has utilized the IDA model.
The end goal for IDAs through ADDC is not just the attainment of the asset, but relationships, becoming a part of a church community, and knowing Jesus Christ!
If your church or organization would like to participate, contact Jerilyn Sanders at the Chalmers Center at jerilyn.sanders@chalmers.org
For more info, see the following links:
Chalmers Center Goes Local
Jerilyn Sanders at ADDC
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