Connecticut Administrative Code
Title 31 - Labor
51ddd - Individual Development Accounts Program
Section 31-51ddd-5 - Support services
Universal Citation: CT Reg of State Agencies 31-51ddd-5
Current through December 12, 2024
Each community-based organization operating a certified state IDA program shall provide the following services to an account holder:
(1) Credit history assessments;
(2) Assistance in credit repair and on-going credit stability;
(3) General financial education approved by the department;
(4) Training specific to the permissible savings goal selected by the account holder; and
(5) Case management for account holders, which includes, but is not limited to, the following:
(A) Assisting account holders to develop and
revise, as necessary, their approved savings plans to achieve asset-building
goals;
(B) Providing crisis
intervention for account holders in emergency situations; and
(C) Reviewing with account holders their
monthly account statements and providing counseling as appropriate.
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