O·N·E's asset building program, Project Wealth, helps low-income working households increase their net wealth through a matched savings individual development account (IDA) while simultaneously paying down high interest rate debt. (Home to the left is the home of a recent IDA program graduate)

Project Wealth is an innovative asset-building program designed to help close the existing wealth gap. By concurrently eliminating debt and facilitating asset ownership Project Wealth maximizes participants’ total wealth and helps to secure a comfortable future! Participants can choose to invest in one of three asset goals: homeownership, micro-enterprise or post-secondary education.

Project Wealth is designed as a two year program, but those who qualify can participate in an accelerated one year program while receiving the same size match.

Project Wealth is part of the Funding Futures project, a partnership of the Massachusetts IDA Solutions Collaborative (MIDAS) and the United Way of Massachusetts Bay.

For more information about Project Wealth, please use the links below.

Goal 1 - Debt reduction
Goal 2 - Saving toward asset goal
Goal 3 - Aquisition of asset
Eligibility requirements