Central Delaware Saves (Matched Savings IDA for Homeownership)

What is Central Delaware Saves (Matched Savings IDA for Homeownership)?

Central Delaware Saves (Matched Savings IDA for Homeownership) is gift funds for homebuyers in Dover, Delaware, administered by NeighborGood Partners (formerly NCALL Research).

• Central Delaware Saves is a 1:1 matched-savings Individual Development Account (IDA) program operated by NeighborGood Partners (the rebranded NCALL Research, a NeighborWorks America member and U.S. Treasury-certified CDFI based in Dover). Eligible participants open an IDA and save toward a major financial goal; NeighborGood Partners matches each dollar saved up to a set limit. Buying a home is one of the approved uses, so qualified savers can use the matched funds toward a down payment and homeownership costs. Participants also receive financial coaching and guidance.
• 1:1 match on participant savings (up to a set limit).
• Funds usable toward home purchase (down payment/costs).
• Financial coaching and homeownership guidance.
• No repayment of the match.
• Funding comes from NeighborGood Partners (IDA program funding; NeighborWorks America / CDFI resources).

How much assistance does it provide?

Central Delaware Saves (Matched Savings IDA for Homeownership) provides assistance worth 100% of the purchase price, as set by the program.

• Buyer contribution: Participant must deposit their own savings into the IDA, which is then matched 1:1 up to a set limit.
• The program can be combined with Can complement DSHA, county, and lender DPA; matched savings provide buyer's own funds toward purchase.
• Amounts are the program's published maximums, not an offer — NeighborGood Partners (formerly NCALL Research) determines any individual award.

Do you have to pay it back?

Central Delaware Saves (Matched Savings IDA for Homeownership) is structured as a grant, so it is not repaid.

• Repayment is triggered by None - the match is a grant on matched savings used for an approved purpose (e.g., home purchase); funds withdrawn for a non-approved purpose forfeit the match.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Central Delaware Saves (Matched Savings IDA for Homeownership) is open to buyers who will live in the home as their primary residence.

What are the income limits?

Central Delaware Saves (Matched Savings IDA for Homeownership) sets its income limit as follows: IDA programs are income-targeted to lower-income savers; the specific income eligibility (typically a percentage of AMI or federal poverty level) is determined through the Interest Form / intake and is not published as a table on the page.

• The limit applies to total household income, not only the borrower’s.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Central Delaware Saves (Matched Savings IDA for Homeownership) can be used for Single Family.

Where does it apply?

Central Delaware Saves (Matched Savings IDA for Homeownership) serves buyers purchasing in Dover, Delaware.

How do you apply?

Applications for Central Delaware Saves (Matched Savings IDA for Homeownership) go through NeighborGood Partners (formerly NCALL Research), which publishes the current terms and the application steps on its own site.

1. 1

   Contact NeighborGood Partners (formerly NCALL Research) to reserve funds

   Funds are reserved through Submit an online Interest Form; if eligible, open an IDA and begin saving to earn the 1:1 match toward the goal., and are subject to availability.

2. 2

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.