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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 $898,477 CDBG undrawn $2M · CDBG timeliness 0.5× |
| 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 |
|---|---|---|---|---|
| Community Hsg Init.-3716 Indianola Road | $280,000 | HOME | Des Moines | 2026-04-23 |
| Evergreen Trail | $533,319 | 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 |
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.