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Commerce Announces $4.1M Available in Tax Credits Program Lieutenant Governor and Secretary of Commerce David Toland today announced $4.1 million in tax credits once again will be made available under the Kansas Department of Commerce’s Community Service Tax Credit Program (CSP). Commerce Grants Available for Rural Mural and Public Art Projects The Kansas Department of Commerce today announced a total of $75,000 is available for a new round of Rural Mural and Public Art program funding. The program helps rural communities design engaging new art that improves the local aesthetic – making the community more appealing not only for those who live there but for potential new businesses and residents as well. Kansas awarded nearly $1 million from USDA to assist with rural digital divide The Kansas Office of Broadband Development (KOBD) has been awarded nearly $1 million from the U.S. Department of Agriculture’s Rural Utilities Service through its new Broadband Technical Assistance (BTA) grant program. The $997,000 grant will fund pre-engineering design studies in six rural Kansas counties to help reduce costs and identify avoidable barriers as broadband is deployed there. Creekstone Farms Serving Premium Kansas Meats Worldwide At Creekstone Farms®, excellence is a hallmark from field to fork. Arkansas City-based Creekstone Farms® produces premium beef and pork that’s sought after by consumers across the globe, with Angus beef and Heritage Duroc pork enthusiasts worldwide finding much to love in the company’s outstanding products. View All

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Individual Development Account Tax Credit Program (IDA)

IDA allows administering organizations to provide qualified Kansans of low-income levels the opportunity to achieve financial self-sufficiency through education and asset development via special savings accounts. An Individual Development Account, also known as an “IDA,” is a savings account for low-income workers that can be used for small-business development, higher education, or purchasing a first home.

Community charities and tribal and religious entities are eligible to develop programs in their communities by selling tax credits. The Kansas Department of Commerce oversees the program and allocates up to $500,000 in state income tax credits each calendar year. We also partner with the Kansas Department of Revenue to administer tax credits for qualified program contributors.

Additional Data and Information

Benchmarks

Benchmarks are not a requirement of this program.

ProgramFiscal YearRecipientAmount OfferedAmount ClaimedAmount Remaining Net New Jobs Retained JobsJobs to Date Total Capital InvesmentAddressCityCountyZip CodeBenchmark 1Benchmark 2Benchmark 3Benchmark 4Benchmark 5Benchmark 6# Year(s) Benefit ReceivedStatus: Open/Closed
Individual Development Account Tax Credit Program FY19Interfaith Housing & Community Services, Inc.$500,000$500,000$0n/an/an/an/a1326 E Ave AHutchinsonReno67501n/an/an/an/an/an/a1Closed
Individual Development Account Tax Credit Program FY20Interfaith Housing & Community Services, Inc.$500,000$500,000$0n/an/an/an/a1326 E Ave AHutchinsonReno67501n/an/an/an/an/an/a1Closed
Individual Development Account Tax Credit Program FY21Interfaith Housing & Community Services, Inc.$500,000$500,000$0n/an/an/an/a1326 E Ave AHutchinsonReno67501n/an/an/an/an/an/a1Closed
Individual Development Account Tax Credit Program FY22Interfaith Housing & Community Services, Inc.$400,000$347,580$0n/an/an/an/a1326 E Ave AHutchinsonReno67501n/an/an/an/an/an/a1Closed
Individual Development Account Tax Credit Program FY22Community Housing of Wyandotte County$100,000$100,000$0n/an/an/an/a2 S 14th StKansas CityWyandotte66102n/an/an/an/an/an/a1Closed
Individual Development Account Tax Credit Program FY23Interfaith Housing & Community Services, Inc.$400,000$59,250$340,750n/an/an/an/a1326 E Ave AHutchinsonReno67501n/an/an/an/an/an/a1Open
Individual Development Account Tax Credit Program FY23Community Housing of Wyandotte County$100,000$0$100,000n/an/an/an/a2 S 14th StKansas CityWyandotte66102n/an/an/an/an/an/a1Open

Kansas Commerce Transparency Database

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