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New Century IDA

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New Century IDA


If you have an interest in this program, contact the IDA Data Manager by calling (336) 722  -  9400 ext. 160.

Note: The application period is now closed. Please complete the interest form below and you will receive notification when the next application period begins.


Proof that dreams do come true

The New Century IDA Program focuses on helping you build assets that will continue to grow in value to achieve homeownership or enhance your small business. Once enrolled, you will receive economic literacy training, first-time homebuyer’s training, and support every step of the way. We will assign you a Success Coach to help you navigate a comprehensive program of financial education and create a personalized schedule of matched savings toward a down payment on a home, or matching funds to enhance your small business.

New Century Individual Development Account (IDA) has achieved the highest per capita success rate in the nation, placing over 525 homeowners in the community and representing over $40 million in taxable property assets. The IDA Program helps low-income families gain a stake in their community and in so doing help eliminate generational poverty.

Who Qualifies

You must be a resident of Winston-Salem/Forsyth County and must meet specific income guidelines. The IDA program is structured so that low-income households can buy a home and be successful in paying for and owning their own property.

Don’t let credit and debt issues discourage you from applying to participate in this program. Overcoming credit and debt issues is part of this process. The program’s goal is to get residents in their own homes or enhance their small business. For homeownership we will screen your application for eligibility and notify you of the results. If your application is denied, you will be informed as to the reason for the denial, along with recommendations of ways to improve eligibility. We encourage you to reapply should the situation relating to the denial change. For the IDA micro-enterprise program, Forsyth County Com & Econ Development will screen your application for eligibility. For more information contact the IDA SB Success Coach, by calling 722-9400, ext.161. 


To participate in the IDA Program, you must:​

  • Be a Winston-Salem/Forsyth County resident.

  • Provide a completed IDA Application and Consent Form.

  • Obtain a recent tri-merge credit report.

  • Meet income guidelines and other program requirements.

  • Pay a non-refundable $50 application fee.

  • Operate a Small Business for a minimum of 2 years. (micro-enterprise only.)

Would you like to become a sponsor of an IDA Class or an IDA event?

Please call the IDA Program Manager (336) 722-9400 ext. 163

New Century IDA Interest Form

Please selct your interest:

You will be contacted late Fall of 2024, by email to attend an "Information Session" here at ESR.

Thanks for submitting!

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