Invest in yourself, others and Kansas through the Individual Development Account Program. Program Purpose and Overview The Individual Development Account (IDA) Program allows qualified Kansans of low income levels the opportunity to achieve financial self-sufficiency through education and asset development via special savings accounts. The IDA program allows qualified Kansans of higher income levels the opportunity to help others achieve financial independence while receiving a 75% income tax credit for the donation to the program. IDA program participants must meet income and asset guidelines and complete an online money management course before they can open a special savings account that is eligible for a 3:1 match for every dollar they save. The online course allows Kansans to hone their financial responsibility skills and provides the foundation for future stability and self-sufficiency. Program participants can use the accrued savings to: Purchase a first home Pay for home repairs Capitalize a small business Pay for college or specialized training IDA program contributors provide the matching funds for participant savings accounts and are eligible receive a Kansas refundable income tax credit valued at 75% of their contribution amount! The Kansas Department of Commerce (Commerce) oversees the program and allocates up to $500,000 in state income tax credits each calendar year. Commerce also partners with the Kansas Department of Revenue to administer the tax credits for qualified program contributors.