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