What is an IDA?
How does an IDA work?
Do I qualify?
How do I start my IDA?

Save for
A Home
A Business
An Education

Common Questions 
IDA Team
Participating Community Agencies
A Glossary of Terms
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To become a candidate for the IDA program you must satisfy these basic requirements:

• Be at least 18-years-old
• Live in King County 

So far, so good? Next, see if you meet the following income guidelines:

• Your net worth is less than $10,000 (not counting your primary dwelling and one car)
• Your household income meets any one of three guidelines:

1. One or more people in your household is eligible for Temporary Assistance for Needy Family (TANF) benefits.
2. Your household is eligible for the Earned Income Tax Credit. To be eligible for a full or partial credit, the taxpayer must have earned income of at least $1 but less than:
   • $34,458 ($35,358 married filing jointly) and two or more qualifying children;
   • $30,338 ($31,338 married filing jointly) and one qualifying child;
   • $11,490 (12,490 married filing jointly) with no qualifying children.
3. Your household income is below 200% of the Federal Poverty Level. 
   This means your household income cannot exceed the following limits:
   
   

   Family Size	Maximum Gross Household Income (annual)
   1	$19,140
   2	$25,660
   3	$32,180
   4	$38,700
   5	$45,220
   6	$51,740
   7	$58,260
   8	$64,780
   For each additional person, add	$6,520
   Basis: EITC or 200% FPL (2005)

The good news is you only need to meet income requirements at the time you open your IDA account. After you’re accepted into the program, it doesn’t matter if your household income increases. Your savings will continue to be matched as long as you follow IDA guidelines.

Learn more
How do I start my IDA?