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Polk County, IA
Affordable-housing capital events and public funding posture, from federal filings. 26 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.
Open Polk County in the app → property-level detail, contacts, filters, charts
Gap funding
| Grantee | FY26 allocations | Live posture |
|---|---|---|
| State Of Iowa (state) | CDBG $24.2M · HOME $7.8M | HOME undrawn $31.3M |
| Des Moines (city) | CDBG $3.8M · HOME $915,347 | HOME undrawn $938,749 CDBG undrawn $2.4M · CDBG timeliness 0.6× |
| West Des Moines (city) | CDBG $332,399 | — |
| Polk County (county) | CDBG $863,032 | — |
Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.
Recently completed subsidized projects
| Project | Amount | Program | Grantee | Completed |
|---|---|---|---|---|
| Evergreen Trail | $533,310 | HOME | Iowa | 2026-02-16 |
| Frank Smith Center (R4p Hap) | $500,000 | HOME | Iowa | 2026-01-12 |
| 4845 Merle Hay Rd - Monarch (Anawim) | $1M | HOME | Des Moines | 2025-12-29 |
| The Monarch | $1M | HOME | Iowa | 2025-12-08 |
| Tapco - 4906 Ingersoll Ave | $33,000 | HOME | Des Moines | 2025-09-16 |
| 2701 Ingersoll - Star Apts | $350,000 | HOME | Des Moines | 2025-03-11 |
| Star Lofts | $1M | HOME | Iowa | 2025-01-08 |
| 59th Avenue Senior Lofts | $500,000 | HOME | Iowa | 2024-06-03 |
| Ciss - 1420 Mulberry Street | $400,000 | HOME | Des Moines | 2022-11-18 |
| Melbourne Apts Phase I | $250,000 | HOME | Des Moines | 2020-07-28 |
| 811 Washington Ave - Des Moines | $890,844 | HOME | Iowa | 2017-02-09 |
| 5602 Sw 9th - Ctk | $1.6M | HOME | Des Moines | 2016-08-31 |
| Stewart Park Apts | $225,000 | HOME | Des Moines | 2015-08-05 |
| 13th & Clark Rental - Home, Inc. | $378,000 | HOME | Des Moines | 2015-04-17 |
| Elsie Mason Manor | $1M | HOME | Iowa | 2014-12-11 |
Recently subsidized developers (statewide)
| Recipient | Total (24 mo) | Subawards |
|---|---|---|
| Sioux City City Of | $4M | 2 |
| Starts Right Here | $3.6M | 1 |
| Humility Homes And Services, Inc. | $2.9M | 4 |
| Domestic Violence Intervention Program, Inc. | $2.7M | 2 |
| Market District Apartments, Lp | $1.5M | 2 |
| City Of Corning | $1.4M | 1 |
| City Of Denison | $1.4M | 1 |
| Dubuque Initiatives 1700, Llc | $1.2M | 1 |
| K & S Llc | $1.2M | 1 |
| Minden City Of | $1.2M | 1 |
| City Of Fort Dodge | $1.1M | 2 |
| Aspen Grove Apartments, Llc | $1M | 2 |
| Greater Des Moines Habitat For Humanity, Inc | $924,000 | 2 |
| City Of Council Bluffs | $695,411 | 2 |
| City Of Nevada | $620,000 | 1 |
Pipeline snapshot
26 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.
Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.