Newtown CDC, Individual Development Account (IDA) for Homeownership
Newtown Community Development Corporation
About This Program
The Grant Map catalogs Newtown CDC, Individual Development Account (IDA) for Homeownership in its Phoenix, AZ research directory. The record carries audience tags for homeowners; those tags do not establish eligibility or current service coverage.
Individual Development Accounts through Newtown CDC allow low-income residents to build savings matched at up to 4:1 for homeownership or home repair goals. Minimum savings period of 10 months required. Income must be at or below 200% of the Federal Poverty Guidelines. Provides financial coaching, credit counseling, and homebuyer education alongside the matched savings account.
Match rate and maximum match vary by funding source and year. Check current availability with Newtown directly.
The cited program-specific URL responded on 2026-07-21; confirm current terms.
Record set last reviewed 2026-04-03. How we verify our data.
Other published resources for Phoenix, AZ, are listed below. Review each separately and ask the administrators whether they can coordinate funding for the same work:
- City of Phoenix Owner-Occupied Housing Rehabilitation Program (OOHRP) Up to $25,000
- City of Phoenix Weatherization Assistance Program (WAP) Free services, no dollar cap published
- Lead Safe Phoenix Program No cost to residents
- City of Phoenix Rental Rehabilitation Program Varies by project
Key Details
- Matched savings account for first-time homeownership or home repair
- Income ≤ 200% Federal Poverty Guidelines
- Up to 4:1 match on savings deposits
- Minimum 10-month savings period for homeownership goal
- Includes financial coaching and homebuyer education
How to Apply
Some programs require contractor estimates, licenses, or inspections. A cited link may be general, so confirm the current rules with the administrator before hiring; a directory match does not guarantee contractor eligibility or funding.
You may need a contractor or estimate
Some programs for this project type ask for a license, inspection, or written estimate. Confirm the rule before contacting a contractor in Phoenix.
Get matched with a contractorEach administrator sets its contractor rules. Confirm exact requirements directly; the cited URL may be a general agency page.
Your application paperwork
Documents you will likely need
- Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
- A government-issued photo ID for every owner on title.
- Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
- A written estimate from a licensed contractor for the work (many programs require this to apply).
- Photos of the problem area or the work to be done.
- The program's own application form, completed (use the official link or phone number on this page).
Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Rolling
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Frequently asked questions
What audience tags are recorded for Newtown CDC, Individual Development Account (IDA) for Homeownership in Phoenix?
The directory record carries audience tags for homeowners. It also carries a low-income tag. These tags do not establish eligibility; confirm the complete current rules with the administrator.
How do I apply for Newtown CDC, Individual Development Account (IDA) for Homeownership in Phoenix, AZ?
Confirm the application route directly with Newtown Community Development Corporation; use the cited source on this page as a starting point or call 480-736-2100. Confirm any fee or cost with the administrator.
Need a Contractor for This Project?
Browse local listings or request an introduction. The Grant Map does not guarantee licensing, program experience, work quality, or funding.
More ways to save on this project
Rebates and discounts that may reduce project cost. Confirm eligibility and coordination rules before including one in your budget.
Find More Programs in Phoenix, AZ
This is one of several kinds of assistance that may be available. Review other programs separately and confirm whether their administrators allow coordination for the same work.
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