Connecticut Administrative Code
Title 31 - Labor
51ddd - Individual Development Accounts Program
Section 31-51ddd-5 - Support services

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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