empowering strength and resilience

New Century IDA

If you have an interest in this program, contact Patricia Casey at patricia.casey@eisr.org or by calling (336) 722-9400 ext. 160.

Note: No applications are being accepted at this time. Please continue to check back for updates.


Proof that dreams do come true

This program focuses on helping you build assets that will continue to grow in value to achieve homeownership. Once enrolled, you will receive economic literacy training, first-time homebuyer’s training, and support every step of the way. We will assign you a Success Coach to help you navigate a comprehensive program of financial education and create a personalized schedule of matched savings toward a down payment on a home.

New Century Individual Development Account (IDA) has achieved the highest per capita success rate in the nation, placing over 525 homeowners in the community and representing over $40 million in taxable property assets. The IDA Program helps low-income families gain a stake in their community and in so doing help eliminate generational poverty.

Who Qualifies

You must be a resident of Winston-Salem/Forsyth County and must meet specific income guidelines. The IDA program is structured so that low-income households can buy a home, and be successful in paying for and owning their own property.

Don’t let credit and debt issues discourage you from applying to participate in this program. Overcoming credit and debt issues is part of this process. We have other programs available to aide in clearing any credit issues that cannot be cleared in the two years of program participation.

The program’s goal is to get residents in their own homes, and also to help them be able to stay there.

We will screen your application for eligibility, and notify you of the results. If your application is denied, you will be informed as to the reason for the denial, along with recommendations of ways to improve eligibility. We encourage you to reapply should the situation relating to the denial change.


To participate in the IDA Program, you must:

    • Be a Winston-Salem/Forsyth County resident.
    • Provide a completed IDA Application and Consent Form.
    • Provide or obtain a recent tri-merge credit report.
    • Meet income guidelines and other program requirements.
    • Pay a non-refundable $45 application fee.

Would you like to become a sponsor of an IDA Class or an IDA event?

Please call (336) 722-9400 ext. 163