About Us

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 ($738/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.

2015 HUD Income Limits for Polk County
Family Size Percentage of area median income (AMI)
Maximum affordable (30%) rent payment
30% 50% 60% 80% 100%
1 $15,750 $26,250 $31,500 $42,000 $52,500
$394 $656 $788 $1,050 $1,313
2 $18,000 $30,000 $36,000 $48,000 $60,000
$450 $750 $900 $1,200 $1,500
3 $20,250 $33,750 $40,500 $54,000 $67,500
$506 $844 $1,013 $1,350 $1,688
4 $24,250 $37,500 $45,000 $60,000 $75,000
$606 $938 $1,125 $1,500 $1,875
5 $28,410 $40,500 $48,600 $64,800 $81,000
$710 $1,013 $1,215 $1,620 $2,025
6 $32,570 $43,500 $52,200 $69,600 $87,000
$814 $1,088 $1,305 $1,740 $2,175
7 $36,730 $46,500 $55,800 $74,400 $93,000
$918 $1,163 $1,395 $1,860 $2,325
8 $40,890 $49,500 $59,400 $79,200 $99,000
$1,022 $1,238 $1,485 $1,980 $2,475