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.

2016 HUD Income Limits for Polk County

  • Family Size: 1
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $16,150 $404
    50% $26,950 $674
    60% $32,300 $808
    80% $43,050 $1,076
    100% $53,850 $1,346
  • Family Size: 2
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $18,450 $461
    50% $30,800 $770
    60% $36,900 $923
    80% $49,200 $1,230
    100% $61,500 $1,538
  • Family Size: 3
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% 20,750 $519
    50% $34,650 $866
    60% $41,550 $1,039
    80% $55,350 $1,384
    100% $69,200 $1,730
  • Family Size: 4
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $24,300 $608
    50% $38,450 $961
    60% $46,150 $1,154
    80% $61,500 $1,538
    100% $76,900 $1,923
  • Family Size: 5
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $28,440 $711
    50% $41,550 $1,039
    60% $49,850 $1,246
    80% $66,450 $1,661
    100% $83,050 $2,076
  • Family Size: 6
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $32,580 $815
    50% $44,650 $1,116
    60% $53,550 $1,339
    80% $71,350 $1,784
    100% $89,200 $2,230
  • Family Size: 7
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $36,730 $918
    50% $47,700 $1,193
    60% $57,250 $1,431
    80% $76,300 $1,908
    100% $95,350 $2,384
  • Family Size: 8
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $40,890 $1,022
    50% $50,800 $1,270
    60% $60,900 $1,523
    80% $81,200 $2,030
    100% $101,500 $2,538