Low Income (LIHTC)

Delaware Village Apts Ii

903 SE Delaware Ave, Ankeny, IA, 50021

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Delaware Village Apts II contains 76 units designated for low-income residents in Ankeny, Iowa. The property has been in service since 1995 and is located in Polk County. This multifamily community provides affordable housing options to the local area.

Property Details

Total Units

Fair Market Rent - Polk County, IA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$833
1 Bedroom	$899
2 Bedroom	$1,080
3 Bedroom	$1,477
4 Bedroom	$1,481

Income Limits - Polk County, IA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $19,200
Very Low (50%): $32,000
Low (80%): $51,150

2 Persons

Extremely Low (30%): $21,950
Very Low (50%): $36,550
Low (80%): $58,450

3 Persons

Extremely Low (30%): $24,700
Very Low (50%): $41,100
Low (80%): $65,750

4 Persons

Extremely Low (30%): $27,400
Very Low (50%): $45,650
Low (80%): $73,050

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $49,350
Low (80%): $78,900

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $53,000
Low (80%): $84,750

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $56,650
Low (80%): $90,600

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $60,300
Low (80%): $96,450

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$19,200	$32,000	$51,150
2 Persons	$21,950	$36,550	$58,450
3 Persons	$24,700	$41,100	$65,750
4 Persons	$27,400	$45,650	$73,050
5 Persons	$31,040	$49,350	$78,900
6 Persons	$35,580	$53,000	$84,750
7 Persons	$40,120	$56,650	$90,600
8 Persons	$44,660	$60,300	$96,450

Tax Credit Program Details

Year Placed in Service

1995

Low-Income Units

76 / 76

Frequently Asked Questions

What is the average rent for affordable housing in Ankeny, IA?+

The Fair Market Rent (FMR) for Polk County, IA is: $833 (Studio), $899 (1BR), $1080 (2BR), $1477 (3BR), $1481 (4BR). Actual rent at subsidized properties like Delaware Village Apts Ii is typically 30% of household income or less.

What are the income limits for affordable housing in Polk County, IA?+

For a 4-person household in Polk County, IA, the income limits are: Extremely Low Income (30% AMI): $27,400, Very Low Income (50% AMI): $45,650, Low Income (80% AMI): $73,050. These limits are set by HUD and updated annually.

How do I apply for housing at Delaware Village Apts Ii?+

Delaware Village Apts Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages Delaware Village Apts Ii?+

Delaware Village Apts Ii is managed by . You can reach them at . Visit their website for more information.

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