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Connecticut Individual Development Account Initiative (IDA)
Success Stories

Here are just a few examples of the success that IDA Account Holders in Connecticut have had building their assets. Congratulations tosuccess! the Participants in the programs and to the agencies and staff that operate IDA programs in our communities!

CRT, Hartford, Connecticut

Lucas Bensa, the father of two, joined the IDA Program at CRT in Hartford in 2013.  He successfully saved for post-secondary education for his daughter.  Lucas found the financial education and asset-specific training that all IDA participants are required to attend to be very useful: 

“My experience with the Individual Development Account (IDA) Program was very good and I would recommend it.  I learned from both the Program Coordinators and from other participants about effective and best ways to save money for future use.  I also learned various ways to prepare for a mortgage and how to purchase a house.  Moreover, I was educated on what to look for when buying a used car.  Finally, my 529 College Savings Plan goal was a success.  The IDA program enabled me to research and gain insight to successfully open a CT CHET 529 College Fund for my daughter.”

Lucas, Hartford 

HRA, New Britain, Connecticut

Shari Cousins entered the IDA Program at HRA in New Britain in 2014.  By June 2015, Shari had reached her savings goal, was matched, and was able to pay the first and last month’s rent toward a new apartment.  She is now working full time at a job she enjoys. 

"I lost my job and was only able to find temporary part-time work which caused me to use up all of my savings to survive. Thanks to my participation in the IDA program and the financial workshops, I was able to develop a realistic financial plan that allowed me to recover from financial hardship and stay focused on my goal to save enough towards first and last month's rent for new apartment. I am extremely grateful that the IDA program and financial planning workshops were available during a very difficult time in my life and recommend it to anyone who is willing to do the work needed to achieve their financial and personal goals.”

Shari, West Hartford 


200 Folly Brook Boulevard, Wethersfield, CT 06109 / Phone: 860-263-6000

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