skip to main content
skip to newscasts

Friday, April 26, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

view newscast page
play newscast audioPlay

Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

IDA Participants Start New Year with Dollars – and Sense

play audio
Play

Thursday, December 22, 2011   

PORTLAND, Ore. - About 1,500 Oregonians already have their goals in sight for the New Year. They are saving money for a house or vehicle, to go to college or start a small business. The amount they're able to save may be small, but it is tripled with matching money when they complete the Oregon Individual Development Account Initiative (IDA) program.

IDA is for lower-income Oregon residents, and Kathy Turner, who administers the program at Portland's Neighborhood Partnerships, says it requires a lot of self-discipline.

"They have to be willing to want to save - usually, about $25 a month - to go through financial education and make a budget and really commit to that. They have to be willing to learn about the asset they're saving for."

Turner says 65 percent of IDA participants reach their savings goals, and even those who don't say what they learn in the program helps them better manage their money.

At Umpqua Community College, Roseburg, school President Dr. Joe Olson says a number of students have used IDA to save for tuition.

"It's very important for people to be able to break into that middle class. Programs like the IDA serve as a further incentive for people to try and get ahead. If they save some money on their own, that's matched by the program. For every dollar they put in, they're getting a strong return on their investment."

For donors, the IDA Initiative offers a 75 percent Oregon tax credit. Most of the donation money is used to make the financial matches, and some is used to obtain the training necessary to help people reach specific goals. Either way, Turner says it's a unique investment in Oregon.

"They're really helping people with financial skills and giving them the step up that's going to affect them for the rest of their lives - to get an education, to buy a home or to start a business - as well as help the Oregon economy."

Tax credits for 2011 donations are available through the end of the year.

More information about the Oregon IDA Initiative is online at http://ida.neighborhoodpartnerships.org or www.oregon.gov/OHCS/PPR_AssetBuilding.shtml.


get more stories like this via email

more stories
The United Nations experts also expressed concern over a Chemours application to expand PFAS production in North Carolina. (Adobe Stock)

play sound

United Nations experts are raising concerns about chemical giants DuPont and Chemours, saying they've violated human rights in North Carolina…


Social Issues

play sound

The long-delayed Farm Bill could benefit Virginia farmers by renewing funding for climate-smart investments, but it's been held up for months in …

Environment

play sound

Conservation groups say the Hawaiian Islands are on the leading edge of the fight to preserve endangered birds, since climate change and habitat loss …


Jane Kleeb is director and founder of Bold Alliance, an umbrella organization of Bold Nebraska, which was instrumental in stopping the Keystone Pipeline. Kleeb is also one of two 2023 Climate Breakthrough Awardees. (Bold Alliance)

Environment

play sound

CO2 pipelines are on the increase in the United States, and like all pipelines, they come with risks. Preparing for those risks is a major focus of …

Environment

play sound

April has been "Invasive Plant Pest and Disease Awareness Month," but the pests don't know that. The U.S. Department of Agriculture says it's the …

Legislation to curtail the union membership rights of about 50,000 public school educators in Lousiana has the backing of some business and national conservative groups. (wavebreak3/Adobe Stock)

Social Issues

play sound

Leaders of a teachers' union in Louisiana are voicing concerns about a package of bills they say would have the effect of dissolving labor unions in t…

Health and Wellness

play sound

The 2024 Arizona Alzheimer's Consortium Public Conference kicks off Saturday, where industry experts and researchers will share the latest scientific …

Environment

play sound

Environmental groups say more should be done to protect people's health from what they call toxic, radioactive sludge. A court granted a temporary …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021