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Matched Investment Savings Account

EcSA is a success story in of itself. Here is a snapshot of how EcSA is impacting lives and moving individuals to self sufficiency.

Data points from 07/01/2023 – 03/31/2024

Job Seekers Served through EcSA
0
Placed into Unsubsidized Employment
0 %
Average Annual Wage at Exit
0 k +

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Local Workforce Boards Across Washington Partner with State Agencies to Offer Virtual ReEmployment Events

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The April 30 and May 29 events will help displaced federal workers and contractors prepare for new careers and access services and benefits... Read More Local Workforce Boards Across Washington Partner with State Agencies to Offer Virtual ReEmployment Events

Seattle-King County Workforce Development Council Wins National WIOA Trailblazer Award

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The federal workforce grant program helps job seekers train and enter career pathways that move families toward financial self-sufficiency.... Read More Seattle-King County Workforce Development Council Wins National WIOA Trailblazer Award

Quarterly Update: Local Workforce Boards Driving Impact Through the Community Reinvestment Program

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The Community Reinvestment Program (CRP) continues to drive workforce and economic development across Washington, with a strong focus on... Read More Quarterly Update: Local Workforce Boards Driving Impact Through the Community Reinvestment Program

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Matched Investment Savings Account

The Matched Investment Savings Account program is aimed at helping Black, Latine, and tribal communities disproportionately impacted by the racial, social and economic disparities caused by the war on drugs save for specific assets, such as education, housing, or starting/growing a business. The program provides matched savings accounts up to $30,000 to participants. To participate in the program, individuals must undergo financial education and coaching to develop the skills and knowledge necessary to effectively manage their finances and achieve their savings goals. IDAs have the potential to have a significant positive impact on the financial well-being of impacted individuals and communities, promoting economic mobility and stability.

WWA is leading the development of statewide policy guidance and implementation of the Matched Investment Savings Account Initiative in partnership with Commerce, ESD, and the Local Workforce Boards.

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