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Central Arkansas Development Council will hold an Individual Development Account orientation at 5 p.m. May 12 at the CADC El Dorado Office, 1426 N. West Ave. Interested individuals will be given applications at the orientation.

IDAs are matched savings accounts. For eligible participants, IDAs can provide money to open or expand a small business, help pay for college expenses, purchase a home, or make home repairs. Persons who qualify can receive up to $2,000 per individual or $4,000 per family.

To be eligible, the individual or family must meet income guidelines, which...