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 ($875/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.

2018 HUD Income Limits for Polk County

  • Family Size: 1
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $16,750 $419
    50% $27,900 $698
    60% $33,432 $836
    80% $44,600 $1,115
    100% $55,720 $1,393
  • Family Size: 2
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $19,150 $479
    50% $31,850 $796
    60% $38,208 $955
    80% $51,000 $1,275
    100% $63,680 $1,592
  • Family Size: 3
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% 21,550 $539
    50% $35,850 $896
    60% $42,984 $1,075
    80% $57,350 $1,434
    100% $71,640 $1,791
  • Family Size: 4
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $25,100 $627
    50% $39,800 $995
    60% $47,760 $1,194
    80% $63,700 $1,593
    100% $79,600 $1,990
  • Family Size: 5
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $29,420 $736
    50% $43,000 $1,075
    60% $51,581 $1,290
    80% $68,800 $1,720
    100% $85,968 $2,149
  • Family Size: 6
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $33,740 $844
    50% $46,200 $1,155
    60% $55,402 $1,385
    80% $73,900 $1,848
    100% $92,336 $2,308
  • Family Size: 7
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $38,060 $952
    50% $49,400 $1,235
    60% $59,222 $1,481
    80% $79,000 $1,975
    100% $98,704 $2,468
  • Family Size: 8
    % Percentage of Area Median Income (AMI) Maximum Affordable (30%) Rent Payment
    30% $42,380 $1,060
    50% $52,550 $1,314
    60% $63,043 $1,576
    80% $84,100 $2,103
    100% $105,072 $2,627