Established in 2004, Guilford County Homeownership Center (GCHC) is a nonprofit organization that offers a range of financial literacy classes. One of its core programs is its Financial Peace University (“FPU”), a 13-week financial literacy course credited with saving families an average of $2,600. It also offers a 6 to 12 month individual development account (IDA) program, which enables participants to establish matched savings accounts that can be used to purchase a first home, open a small business, or fund higher education. In exchange, participants are required to complete economic literacy and homebuyer education classes, improve their credit, establish a budget and savings schedule, and develop long-term money management skills.