About Us

The Polk County Housing Trust Fund is the comprehensive planning, advocacy and funding organization for affordable housing in Polk County, Iowa. Our dollars help fund safe, stable affordable housing for folks making less than 80% of Area Median Income. This is often housing for people working full-time in the community's service sector, such as the faces of our Can I Be Your Neighbor campaign. Ensuring that there is adequate inventory for people of all income levels is what we do at the PCHTF.

Take a look at the chart below to see household incomes for the people we serve. Households marked in yellow cannot afford a 2-bedroom apartment renting at HUD Fair Market Rent ($824/mo.). According to HUD definitions, housing is affordable if it requires a family to spend less than 30% of their gross income on rent or mortgage payments.

2017 HUD Income Limits for Polk County

  • Family Size: 1
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $17,300 $433
    50% $28,800 $720
    60% $34,560 $864
    80% $46,050 $1,151
    100% $57,550 $1,439
  • Family Size: 2
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $19,750 $494
    50% $32,900 $823
    60% $39,480 $987
    80% $52,600 $1,315
    100% $65,800 $1,645
  • Family Size: 3
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% 22,200 $555
    50% $37,000 $925
    60% $44,440 $1,110
    80% $59,200 $1,480
    100% $74,000 $1,850
  • Family Size: 4
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $24,650 $616
    50% $41,100 $1,028
    60% $49,320 $1,233
    80% $65,750 $1,644
    100% $82,200 $2,055
  • Family Size: 5
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $28,780 $720
    50% $44,400 $1,110
    60% $53,280 $1,332
    80% $71,050 $1,776
    100% $88,800 $2,200
  • Family Size: 6
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $32,960 $824
    50% $47,700 $1,193
    60% $57,240 $1,431
    80% $76,300 $1,908
    100% $95,400 $2,385
  • Family Size: 7
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $37,140 $929
    50% $51,000 $1,275
    60% $61,200 $1,530
    80% $81,550 $2,039
    100% $101,950 $2,549
  • Family Size: 8
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $41,320 $1,033
    50% $54,300 $1,358
    60% $65,160 $1,629
    80% $86,800 $2,170
    100% $108,550 $2,714