Family Savings Account Program

Housing Authority of the County of Dauphin


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General Information
Description of ServiceAs an incentive to save for a goal and develop a savings plan, grant funds will be used to match a participant's savings up to a maximum of $2,000 for a two year period -- A 100% RETURN ON YOUR SAVINGS!

Each saver must set a SPECIFIC GOAL for the use of his/her savings and match. Goals may be the following:
Purchase or repair of a house
Post-secondary education
Starting or expanding a business
Purchase of a vehicle for work, education or job training.

Savings and match funds MUST be used for the goal.

A participant must promise to deposit at least $10.00 per week in a separate savings account for at least 12 months and up to 24 months at an approved financial institution. Current participating banks are: Commerce Bank, Centric Bank, M&T Bank, Mid Penn Bank, PNC Bank and Sovereign Bank.

Each saver MUST PARTICIPATE in FOUR FINANCIAL WORKSHOPS during a two year period on topics such as budgeting, savings and investing, credit and credit repair, loans, insurance, wills and tax planning. These valuable workshops are provided at no cost to the participants.
LocationDauphin
Geographical AreaDauphin
Helpful TipsTo encourage individuals and families to save money, to acquire assets or increase the value of assets they already have (asset building), to take control of their financial situation, to save for future goals and to aim toward FINANCIAL SELF-SUFFICIENCY.
 
Client Information
Target PopulationLow-Income
Age GroupAll Ages
GenderEither
EligibilityFamily income cannot exceed 200% of the Federal Poverty Guidelines.
 
Contact Information
 
Physical Site Address 1 501 Mohn Street
Physical Site City, State, Zip Steelton, PA 17113-7598
Mailing Address 1 P.O. Box 7598
Mailing City, State, Zip Steelton, PA 17113-7598
Main Phone 717-939-9301
Hotline Phone 888-946-8739
 
 
Affiliated Agency, Programs, and Services
Affiliated Agency: Housing Authority of the County of Dauphin
Affiliated Program: Housing Authority of the County of Dauphin
This Service: Family Savings Account Program
 
Taxonomy Postings
Posted to Categories: Financial Management Workshops (DM-2000)
Money Management (DM)
Personal Financial Counseling (DM-6500)