ROSEBURG, Ore. -- The Dream Savers, a program at the Umpqua Community Development Corporation (UCDC) recently received a $2 million grant to help locals achieve their dreams.
The course, also known as the Individual Development Account, offers people the chance to triple their savings.
Those who are eligible can put money away for a rainy day and have it matched 300%. That means that those who chose to save the maximum of $2,000, can earn up to $6,000 from Dream Savers.
The money must go towards something that helps the person achieve a dream, like being able to afford a home, help their business or supplement school tuition.
The grant will help several hundred people throughout the year to accomplish their aspirations.
Dream Saver officials say the program is one of the best ways for people to take their goals off the back burner. "It is fun to see people that have gone through it and realize they can do this," said UCDC Executive Director Betty Tamm. "I can put aside $25 a month and then have this matched. They really do bring their dreams to the front, it's fun."
Tamm says Dream Savers doesn't just help the person who receives the money, but contributes to the Douglas County economy as a whole. "This $2 million grant this year repeats a pattern, where we've been bringing in about 30% of the state's money into southern Oregon, and it's because there's a lot of great people out there who do come forward and work on their dreams," she said.
If you want to see if you qualify for the program, you can call UCDC at 541 673-4909 or visit the Dream Savers Web site.