{"id":24856,"date":"2023-02-28T08:23:00","date_gmt":"2023-02-28T14:23:00","guid":{"rendered":"https:\/\/testbanksouthern-ada.aceone.io\/?page_id=24856"},"modified":"2025-12-29T10:51:04","modified_gmt":"2025-12-29T16:51:04","slug":"ida","status":"publish","type":"page","link":"https:\/\/staging.banksouthern.com\/es\/ida\/","title":{"rendered":"Cuentas de Desarrollo Individual (IDA)"},"content":{"rendered":"<div class=\"et_pb_section_0 et_pb_section et_pb_fullwidth_section et_section_regular et_block_section\"><div class=\"et_pb_fullwidth_image_0 et_pb_fullwidth_image et_pb_module\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/header.png\" width=\"1920\" height=\"837\" srcset=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/header.png 1920w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/header-1280x558.png 1280w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/header-980x427.png 980w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/header-480x209.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1920px, 100vw\" class=\"wp-image-33193\" title=\"IDA Header\" alt=\"IDA Header\" \/><\/div><\/div><div class=\"et_pb_section_1 et_pb_section et_section_regular et_block_section desktop-view\"><div class=\"et_pb_row_0 et_pb_row et_block_row\"><div class=\"et_pb_column_0 et_pb_column et_pb_column_1_2 et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_0 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><h1 style=\"text-align: left;\">Down Payment\u00a0 |\u00a0 Closing Costs\u00a0 |\u00a0 Home Repairs<\/h1>\n<\/div><\/div><div class=\"et_pb_text_1 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module disc_text\"><div class=\"et_pb_text_inner\"><h6>Are you dreaming of owning a new home, or perhaps fixing up the home you already own?\u00a0 The cost of buying or repairing a house can be challenging, but our matched savings account gives you a big extra boost to get you started on realizing your dreams.<\/h6>\n<\/div><\/div><div class=\"et_pb_image_0 et_pb_image et_pb_module et_block_module\"><a href=\"https:\/\/staging.banksouthern.com\/ida\/#form_desk\"><span class=\"et_pb_image_wrap\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2024\/11\/Get-started.png\" width=\"936\" height=\"307\" srcset=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2024\/11\/Get-started.png 936w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2024\/11\/Get-started-480x157.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 936px, 100vw\" class=\"wp-image-31471\" title=\"Get started\" \/><\/span><\/a><\/div><\/div><div class=\"et_pb_column_1 et_pb_column et_pb_column_1_2 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_image_1 et_pb_image et_pb_module et_block_module cust-image\"><span class=\"et_pb_image_wrap\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/IDA-website-slider_photos.png\" width=\"1447\" height=\"1802\" srcset=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/IDA-website-slider_photos.png 1447w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/IDA-website-slider_photos-1280x1594.png 1280w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/IDA-website-slider_photos-980x1220.png 980w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/IDA-website-slider_photos-480x598.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1447px, 100vw\" class=\"wp-image-33532\" title=\"IDA website slider_photos\" \/><\/span><\/div><\/div><\/div><\/div><div class=\"et_pb_section_2 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_1 et_pb_row et_block_row\"><div class=\"et_pb_column_2 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_2 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module et_pb_text_align_center\"><div class=\"et_pb_text_inner\"><p>TWO SAVINGS PATHS<\/p>\n<\/div><\/div><div class=\"et_pb_image_2 et_pb_image et_pb_module et_block_module\"><span class=\"et_pb_image_wrap\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/Savings-Paths.png\" width=\"1169\" height=\"559\" srcset=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/Savings-Paths.png 1169w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/Savings-Paths-980x469.png 980w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/Savings-Paths-480x230.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1169px, 100vw\" class=\"wp-image-33194\" title=\"Savings Paths\" alt=\"Savings Paths\" \/><\/span><\/div><\/div><\/div><\/div><div class=\"et_pb_section_3 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_2 et_pb_row et_block_row\"><div class=\"et_pb_column_3 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_3 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module et_pb_text_align_center\"><div class=\"et_pb_text_inner\"><p>THIS SOUNDS TOO GOOD TO BE TRUE...HOW DO I GET STARTED?<\/p>\n<\/div><\/div><div class=\"et_pb_text_4 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module et_pb_text_align_center\"><div class=\"et_pb_text_inner\"><p>We believe that building generational wealth through homeownership is one of the most important things a person can do for their future.<\/p>\n<\/div><\/div><div class=\"et_pb_text_5 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><h1>1. Check Your Eligibility<\/h1>\n<ul>\n<li>To be eligible for matched savings, your<strong> current home address<\/strong> or the address of the home you plan to purchase must be located within the <strong>program eligible zone.<\/strong><\/li>\n<\/ul>\n<h1>2. Apply<\/h1>\n<p>Once eligible, the following documents will be required during the application process:<\/p>\n<ul>\n<li>A valid <strong>state-issued photo ID<\/strong> (state ID, driver\u2019s license, U.S. passport, or military ID)<\/li>\n<li>\n<div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\"><strong>Social Security number<\/strong><\/div>\n<\/li>\n<li>\n<div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\">Proof of current homeownership or proof you are in the process of purchasing (property card from assessor's office, copy of deed, or letter from mortgage lender)<\/div>\n<\/li>\n<\/ul>\n<h1>3. Open Your IDA Account &amp; Start Saving!<\/h1>\n<ul>\n<li>After completing the application, you will receive instructions on how to <strong>open your IDA account<\/strong>. Then, <strong>start saving!<\/strong><\/li>\n<\/ul>\n<h1>4. Complete an eHome America Financial Management Course<\/h1>\n<ul>\n<li>\n<p data-pm-slice=\"1 1 [&quot;orderedList&quot;,{&quot;order&quot;:1},&quot;listItem&quot;,null,&quot;orderedList&quot;,{&quot;order&quot;:1},&quot;listItem&quot;,null]\">After opening your account, you must complete a eHome America online <strong>Financial Management Course<\/strong> which costs approximately $99 for Homebuyer Education and $50 for the Post Purchase Homeowner Education. You will be reimbursed for this expense once you have completed the course. For questions, please reference the<a href=\"https:\/\/staging.banksouthern.com\/ida\/#faq\" style=\"font-size: 18px;\"> <span style=\"text-decoration: underline;\">FAQs<\/span><\/a><span style=\"font-size: 18px;\">.<\/span><\/p>\n<\/li>\n<\/ul>\n<h1>5. Submit your W-9 Form<\/h1>\n<ul>\n<li>\n<p data-pm-slice=\"1 1 [&quot;orderedList&quot;,{&quot;order&quot;:1},&quot;listItem&quot;,null,&quot;orderedList&quot;,{&quot;order&quot;:1},&quot;listItem&quot;,null]\">To complete your registration, please download and fill out the <a href=\"https:\/\/www.irs.gov\/pub\/irs-pdf\/fw9.pdf\"><u>W-9 form<\/u><\/a>. The matched funds are considered taxable income, so the completion of a W-9 is required to receive these funds. For questions, please reference the <a href=\"https:\/\/staging.banksouthern.com\/ida\/#faq\"><u>FAQs<\/u><\/a>.<\/p>\n<\/li>\n<\/ul>\n<\/div><\/div><div class=\"et_pb_image_3 et_pb_image et_pb_module et_block_module\"><a href=\"https:\/\/staging.banksouthern.com\/ida\/#form_desk\"><span class=\"et_pb_image_wrap\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2024\/11\/Check-Eligibility.png\" width=\"1055\" height=\"246\" srcset=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2024\/11\/Check-Eligibility.png 1055w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2024\/11\/Check-Eligibility-980x229.png 980w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2024\/11\/Check-Eligibility-480x112.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1055px, 100vw\" class=\"wp-image-31478\" \/><\/span><\/a><\/div><\/div><\/div><\/div><div class=\"et_pb_section_4 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_3 et_pb_row et_block_row\"><div class=\"et_pb_column_4 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_6 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module et_pb_text_align_center\"><div class=\"et_pb_text_inner\"><p>WHAT CAN I USE THE MATCHED SAVINGS FOR?<\/p>\n<\/div><\/div><div class=\"et_pb_text_7 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p>The total funds after match ($2,000 or $4,000) may be used for the following:<\/p>\n<\/div><\/div><div class=\"et_pb_text_8 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module custom_marker\"><div class=\"et_pb_text_inner\"><ul class=\"custom_marker\">\n<li>Down Payment for home purchase<\/li>\n<li>Closing Costs for home purchase<\/li>\n<li>Home Repair(s) to an existing or new home<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><div class=\"et_pb_section_5 et_pb_section et_section_regular et_block_section\" id=\"form_desk\"><div class=\"et_pb_row_4 et_pb_row et_block_row\"><div class=\"et_pb_column_5 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_9 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module et_pb_text_align_center\"><div class=\"et_pb_text_inner\"><p>CHECK YOUR PROGRAM ELIGIBILITY<\/p>\n<\/div><\/div><div class=\"et_pb_text_10 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p style=\"text-align: center;\">To determine your program eligibility, complete the form below. If eligible, you'll be able to begin the application process immediately. If you are not eligible, you will be notified after completing this form.<\/p>\n<p style=\"text-align: center;\">Funding for this program is limited, and is available on a first come, first served basis.<\/p>\n<p style=\"text-align: center;\">\n<\/div><\/div><div class=\"et_pb_text_11 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><script>\nvar gform;gform||(document.addEventListener(\"gform_main_scripts_loaded\",function(){gform.scriptsLoaded=!0}),document.addEventListener(\"gform\/theme\/scripts_loaded\",function(){gform.themeScriptsLoaded=!0}),window.addEventListener(\"DOMContentLoaded\",function(){gform.domLoaded=!0}),gform={domLoaded:!1,scriptsLoaded:!1,themeScriptsLoaded:!1,isFormEditor:()=>\"function\"==typeof InitializeEditor,callIfLoaded:function(o){return!(!gform.domLoaded||!gform.scriptsLoaded||!gform.themeScriptsLoaded&&!gform.isFormEditor()||(gform.isFormEditor()&&console.warn(\"The use of gform.initializeOnLoaded() is 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enctype='multipart\/form-data'  id='gform_85'  action='\/es\/wp-json\/wp\/v2\/pages\/24856' data-formid='85' novalidate><div class='gf_invisible ginput_recaptchav3' data-sitekey='6LftAoopAAAAAKSrBGRqhz1qMI4nvjmiw1_NKjbF' data-tabindex='0'><input id=\"input_493a604a3f9e6d21da0c2b3e4769425f\" class=\"gfield_recaptcha_response\" type=\"hidden\" name=\"input_493a604a3f9e6d21da0c2b3e4769425f\" value=\"\"\/><\/div>\n                        <div class='gform-body gform_body'><div id='gform_fields_85' class='gform_fields top_label form_sublabel_below description_below validation_below'><fieldset id=\"field_85_1\" class=\"gfield gfield--type-address gfield--input-type-address gfield--width-full gfield_contains_required field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"   data-js=\"geolocation-enabled\"><legend class='gfield_label gform-field-label gfield_label_before_complex' >Address<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='gfield_description' id='gfield_description_85_1'>Please select an address from the drop-down<\/div>    \n                    <div class='ginput_complex ginput_container has_street has_city has_state has_zip ginput_container_address gform-grid-row' id='input_85_1' >\n                         <span class='ginput_full address_line_1 ginput_address_line_1 gform-grid-col' id='input_85_1_1_container' >\n                                        <input type='text' name='input_1.1' id='input_85_1_1' value=''    aria-required='true'    \/>\n                                        <label for='input_85_1_1' id='input_85_1_1_label' class='gform-field-label gform-field-label--type-sub '>Street Address<\/label>\n                                    <\/span><span class='ginput_left address_city ginput_address_city gform-grid-col' id='input_85_1_3_container' >\n                                    <input type='text' name='input_1.3' id='input_85_1_3' value=''    aria-required='true'    \/>\n                                    <label for='input_85_1_3' id='input_85_1_3_label' class='gform-field-label gform-field-label--type-sub '>City<\/label>\n                                 <\/span><span class='ginput_right address_state ginput_address_state gform-grid-col' id='input_85_1_4_container' >\n                                        <select name='input_1.4' id='input_85_1_4'     aria-required='true'    ><option value='' selected='selected'><\/option><option value='Alabama' >Alabama<\/option><option value='Alaska' >Alaska<\/option><option value='American Samoa' >American Samoa<\/option><option value='Arizona' >Arizona<\/option><option value='Arkansas' >Arkansas<\/option><option value='California' >California<\/option><option value='Colorado' >Colorado<\/option><option value='Connecticut' >Connecticut<\/option><option value='Delaware' >Delaware<\/option><option value='District of Columbia' >District of Columbia<\/option><option value='Florida' >Florida<\/option><option value='Georgia' >Georgia<\/option><option value='Guam' >Guam<\/option><option value='Hawaii' >Hawaii<\/option><option value='Idaho' >Idaho<\/option><option value='Illinois' >Illinois<\/option><option value='Indiana' >Indiana<\/option><option value='Iowa' >Iowa<\/option><option value='Kansas' >Kansas<\/option><option value='Kentucky' >Kentucky<\/option><option value='Louisiana' >Louisiana<\/option><option value='Maine' >Maine<\/option><option value='Maryland' >Maryland<\/option><option value='Massachusetts' >Massachusetts<\/option><option value='Michigan' >Michigan<\/option><option value='Minnesota' >Minnesota<\/option><option value='Mississippi' >Mississippi<\/option><option value='Missouri' >Missouri<\/option><option value='Montana' >Montana<\/option><option value='Nebraska' >Nebraska<\/option><option value='Nevada' >Nevada<\/option><option value='New Hampshire' >New Hampshire<\/option><option value='New Jersey' >New Jersey<\/option><option value='New Mexico' >New Mexico<\/option><option value='New York' >New York<\/option><option value='North Carolina' >North Carolina<\/option><option value='North Dakota' >North Dakota<\/option><option value='Northern Mariana Islands' >Northern Mariana Islands<\/option><option value='Ohio' >Ohio<\/option><option value='Oklahoma' >Oklahoma<\/option><option value='Oregon' >Oregon<\/option><option value='Pennsylvania' >Pennsylvania<\/option><option value='Puerto Rico' >Puerto Rico<\/option><option value='Rhode Island' >Rhode Island<\/option><option value='South Carolina' >South Carolina<\/option><option value='South Dakota' >South Dakota<\/option><option value='Tennessee' >Tennessee<\/option><option value='Texas' >Texas<\/option><option value='Utah' >Utah<\/option><option value='U.S. Virgin Islands' >U.S. Virgin Islands<\/option><option value='Vermont' >Vermont<\/option><option value='Virginia' >Virginia<\/option><option value='Washington' >Washington<\/option><option value='West Virginia' >West Virginia<\/option><option value='Wisconsin' >Wisconsin<\/option><option value='Wyoming' >Wyoming<\/option><option value='Armed Forces Americas' >Armed Forces Americas<\/option><option value='Armed Forces Europe' >Armed Forces Europe<\/option><option value='Armed Forces Pacific' >Armed Forces Pacific<\/option><\/select>\n                                        <label for='input_85_1_4' id='input_85_1_4_label' class='gform-field-label gform-field-label--type-sub '>State<\/label>\n                                      <\/span><span class='ginput_left address_zip ginput_address_zip gform-grid-col' id='input_85_1_5_container' >\n                                    <input type='text' name='input_1.5' id='input_85_1_5' value=''    aria-required='true'    \/>\n                                    <label for='input_85_1_5' id='input_85_1_5_label' class='gform-field-label gform-field-label--type-sub '>ZIP Code<\/label>\n                                <\/span><input type='hidden' class='gform_hidden' name='input_1.6' id='input_85_1_6' value='United States' \/>\n                    <div class='gf_clear gf_clear_complex'><\/div>\n                <input type='hidden' class='gform_hidden' name='input_1.geolocation_latitude' id='input_85_1_geolocation_latitude' value=''\/><input type='hidden' class='gform_hidden' name='input_1.geolocation_longitude' id='input_85_1_geolocation_longitude' value=''\/><\/div><\/fieldset><div id=\"field_85_4\" class=\"gfield gfield--type-email gfield--input-type-email gfield--width-full gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_85_4'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_4' id='input_85_4' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><div id=\"field_85_3\" class=\"gfield gfield--type-number gfield--input-type-number gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><label class='gfield_label gform-field-label' for='input_85_3'>lat<\/label><div class='ginput_container ginput_container_number'><input name='input_3' id='input_85_3' type='number' step='any'   value='' class='large'      aria-invalid=\"false\"  \/><\/div><\/div><div id=\"field_85_2\" class=\"gfield gfield--type-number gfield--input-type-number gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><label class='gfield_label gform-field-label' for='input_85_2'>lon<\/label><div class='ginput_container ginput_container_number'><input name='input_2' id='input_85_2' type='number' step='any'   value='' class='large'      aria-invalid=\"false\"  \/><\/div><\/div><\/div><\/div>\n        <div class='gform-footer gform_footer top_label'> <input type='submit' id='gform_submit_button_85' class='gform_button button' onclick='gform.submission.handleButtonClick(this);' data-submission-type='submit' value='Submit'  \/> \n            <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_85' value='postback' \/>\n            <input 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class='gform_hidden' name='gform_target_page_number_85' id='gform_target_page_number_85' value='0' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_85' id='gform_source_page_number_85' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div><script>\ngform.initializeOnLoaded( function() {gformInitSpinner( 85, 'https:\/\/staging.banksouthern.com\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery('#gform_ajax_frame_85').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_85');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_85').length > 0;var is_redirect = 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callNow ) func.apply( context, args );            };        }        const debouncedTriggerPostRender = debounce( function() {            triggerPostRender();        }, 200 );        if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) {            const observer = new MutationObserver( ( mutations ) => {                mutations.forEach( ( mutation ) => {                    if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) {                        debouncedTriggerPostRender();                        observer.disconnect();                    }                });            });            observer.observe( document.body, {                attributes: true,                childList: false,                subtree: true,                attributeFilter: [ 'style', 'class' ],            });        } else {            triggerPostRender();        }    } );} );\n<\/script>\n\n<\/div><\/div><\/div><\/div><\/div><div class=\"et_pb_section_6 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_5 et_pb_row et_block_row\"><div class=\"et_pb_column_6 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_12 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module et_pb_text_align_center\"><div class=\"et_pb_text_inner\"><p>FAQS<\/p>\n<\/div><\/div><\/div><\/div><div class=\"et_pb_row_6 et_pb_row et_block_row\"><div class=\"et_pb_column_7 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_accordion_0 et_pb_accordion et_pb_module et_block_module\" id=\"faq\"><div class=\"et_pb_accordion_item_0 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_open et_block_module\"><h5 class=\"et_pb_toggle_title\">What qualifies as a repair?  <\/h5><div class=\"et_pb_toggle_content\"><p><span>Renovations, repairs, additions, landscaping, energy efficiency upgrades, appliances<\/span><u>,<\/u><span>\u00a0fixtures, and shutters.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_1 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">Can the funds be used for a rental, or does it have to be the primary residence? <\/h5><div class=\"et_pb_toggle_content\"><p><span>Use of funds is for owned primary residences only.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_2 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">How long do IDA participants have to save? <\/h5><div class=\"et_pb_toggle_content\"><div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\">From the account opening date, participants have a period of 6 months to reach their savings goal.<\/div>\n<\/div><\/div><div class=\"et_pb_accordion_item_3 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">Is there a minimum saving time?<\/h5><div class=\"et_pb_toggle_content\"><div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\">No minimum duration is required; however, participants must meet their savings goal and complete the eHome America Financial Management Course certification within six months of account opening.\u00a0<\/div>\n<\/div><\/div><div class=\"et_pb_accordion_item_4 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">When does the savings time period start? <\/h5><div class=\"et_pb_toggle_content\"><div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\">The saving period starts when the IDA savings account is opened.\u00a0<\/div>\n<\/div><\/div><div class=\"et_pb_accordion_item_5 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">When\/how does someone get the financial course reimbursement? <\/h5><div class=\"et_pb_toggle_content\"><div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\">After opening an IDA savings account, participants can take the course and upload the completion certificate through the IDA savings portal. The course reimbursement fee will be transferred to the individual\u2019s IDA account within 14 business days of completion.<\/div>\n<\/div><\/div><div class=\"et_pb_accordion_item_6 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">If someone pays and completes the course but doesn\u2019t save the money, do they still get reimbursed?<\/h5><div class=\"et_pb_toggle_content\"><div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\">Yes, reimbursement is available to all IDA account holders, regardless of savings.<\/div>\n<\/div><\/div><div class=\"et_pb_accordion_item_7 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">Is the course pass\/fail OR just complete. <\/h5><div class=\"et_pb_toggle_content\"><div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\">The course must be passed for a certificate to be produced. The certificate is required for reimbursement as the financial education component of the IDA savings program.\u00a0<\/div>\n<\/div><\/div><div class=\"et_pb_accordion_item_8 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">How often does someone need to make a savings contribution? <\/h5><div class=\"et_pb_toggle_content\"><div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\">We suggest monthly deposits, but one-time or several lump deposits are allowable.<\/div>\n<\/div><\/div><div class=\"et_pb_accordion_item_9 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">How much is needed as an initial deposit to open the account? <\/h5><div class=\"et_pb_toggle_content\"><p><span>$20<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_10 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">How does someone obtain a property card?<\/h5><div class=\"et_pb_toggle_content\"><p><span>To obtain a property card, also known as a property record card, contact the local county assessor's office, either by visiting in person or accessing their online portal and provide the property address to retrieve the relevant information about the property; most counties allow public access to property records.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_11 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">How can the eHome America course be taken?<\/h5><div class=\"et_pb_toggle_content\"><p><span>On a smartphone or computer.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_12 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">Can the matched funds be immediately transferred to a regular checking account?<\/h5><div class=\"et_pb_toggle_content\"><p><span>Yes, the funds can be immediately transferred.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_13 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">Once the matched funds are transferred, does the IDA account need to be closed?<\/h5><div class=\"et_pb_toggle_content\"><p><span>The account will close once the account is at a zero balance. There isn\u2019t any participant action needed.\u00a0<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_14 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">How long can funds be left in that account?<\/h5><div class=\"et_pb_toggle_content\"><p><span>Each participant has 6 months to use the funds.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_15 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">Why is a W-9 form needed?<\/h5><div class=\"et_pb_toggle_content\"><p><span>The W-9 form is required to report the match funds as taxable income to the IRS. This ensures compliance with tax regulations.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_16 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">Are an individual's savings also taxed?<\/h5><div class=\"et_pb_toggle_content\"><p><span>No, only the match portion of the funds is considered taxable income. A participant's savings portion is not taxed.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_17 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">What happens if someone does not submit a W-9 form?<\/h5><div class=\"et_pb_toggle_content\"><p><span>Without a completed W-9 form, we cannot process the match funds, as we need to report these funds to the IRS.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_18 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">How can participants make their required savings deposits?<\/h5><div class=\"et_pb_toggle_content\"><p><span>Participants have the flexibility to make their required savings deposits in a single lump-sum deposit or multiple deposits made over the 6-month program duration.<\/span><\/p>\n<p>Funds may be deposited into an IDA savings account using several methods: mobile payment apps like Venmo, CashApp, Zelle, and PayPal; mobile banking apps; or by mailing in a deposit.<\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_19 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">Where is the routing number and account number for an IDA account?<\/h5><div class=\"et_pb_toggle_content\"><p><span>The routing number and the account number can be found in the account documents.<\/span><\/p>\n<\/div><\/div><div class=\"et_pb_accordion_item_20 et_pb_accordion_item et_pb_toggle et_pb_module et_pb_toggle_close et_block_module\"><h5 class=\"et_pb_toggle_title\">How does someone obtain funds for the down payment and closing costs?<\/h5><div class=\"et_pb_toggle_content\"><p>They will need to upload their closing disclosure into their IDA portal before the matching funds are transferred into their account.<\/p>\n<\/div><\/div><\/div><div class=\"et_pb_image_4 et_pb_image et_pb_module et_block_module\"><span class=\"et_pb_image_wrap\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/IDA-website-slider_Final-27-1.png\" width=\"1038\" height=\"126\" srcset=\"https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/IDA-website-slider_Final-27-1.png 1038w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/IDA-website-slider_Final-27-1-980x119.png 980w, https:\/\/staging.banksouthern.com\/wp-content\/uploads\/2025\/02\/IDA-website-slider_Final-27-1-480x58.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1038px, 100vw\" class=\"wp-image-33330\" title=\"IDA website slider_Final-27 (1)\" alt=\"Triple your savings\" \/><\/span><\/div><\/div><\/div><\/div><div class=\"et_pb_section_7 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_7 et_pb_row et_block_row\"><div class=\"et_pb_column_8 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_13 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module et_pb_text_align_center\"><div class=\"et_pb_text_inner\"><p>QUESTIONS?<\/p>\n<\/div><\/div><div class=\"et_pb_text_14 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module et_pb_text_align_center\"><div class=\"et_pb_text_inner\"><p>Email us at <a href=\"mailto:IDA@banksouthern.com\" style=\"color: #ffffff; text-decoration: underline;\"><span>IDA@banksouthern.com<\/span><\/a><\/p>\n<\/div><\/div><div class=\"et_pb_text_15 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module et_pb_text_align_center\"><div class=\"et_pb_text_inner\"><div class=\"TypographyPresentation TypographyPresentation--medium RichText3-paragraph--withVSpacingNormal RichText3-paragraph\"><span>IDAs are FDIC insured accounts opened and maintained in Southern Bancorp Bank, Member FDIC, using matched funds provided by the U.S. Department of the Treasury\u2019s Community Development Financial Institution Fund.<\/span><\/div>\n<ul><\/ul>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-24856","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.banksouthern.com\/es\/wp-json\/wp\/v2\/pages\/24856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.banksouthern.com\/es\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/staging.banksouthern.com\/es\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/staging.banksouthern.com\/es\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.banksouthern.com\/es\/wp-json\/wp\/v2\/comments?post=24856"}],"version-history":[{"count":129,"href":"https:\/\/staging.banksouthern.com\/es\/wp-json\/wp\/v2\/pages\/24856\/revisions"}],"predecessor-version":[{"id":36548,"href":"https:\/\/staging.banksouthern.com\/es\/wp-json\/wp\/v2\/pages\/24856\/revisions\/36548"}],"wp:attachment":[{"href":"https:\/\/staging.banksouthern.com\/es\/wp-json\/wp\/v2\/media?parent=24856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}