Discover the latest milestone as AHEPA Senior Living breaks ground in Des Moines! Stay updated with our news and progress as we embark on this exciting journey of creating exceptional senior living spaces. Join us in celebrating this new chapter in senior care and community development.

1. AHEPA Senior Living breaks
ground on fifth Des Moines area
community

2.  Des Moines, Iowa — AHEPA Senior Living (ASL), a nationwide nonprofit provider of affordable
multifamily housing for older adults, held a groundbreaking ceremony for AHEPA 192 IV
Apartments in Des Moines, Iowa, Aug. 18, 2023, announced ASL President and CEO Steve
Beck.
 The speaking program featured City Councilman Joe Gatto, Steve Eggleston, HUD Des
Moines Field Office director; ASL Chairman of the Board Ike Gulas, and AHEPA 192 IV, Inc.,
Board President James L. Karthan, and AHEPA and Daughters of Penelope local chapter
officers. Beck moderated the program, which also featured a ceremonial first shovel dig. Father
Basil Hickman of Saint George Greek Orthodox Church performed the ground blessing.
Attendees included representatives from the offices of U.S. Senators Charles Grassley (R-IA)
and Joni Ernst (R-IA), and U.S. Rep. Zach Nunn (R-IA). Several ASL Executive Board officers
and members also attended. The event earned coverage from the Des Moines Register.
• Photo gallery (Credit to Joe Crimmings Creative Media)

3.  AHEPA 192 IV will be a three-story, 90-unit affordable senior housing community located on 4.4
acres of the old Southridge Mall site. It will be the fifth Des Moines-area affordable senior
housing community managed by ASL and administered by the U.S. Department of Housing and
Urban Development Section 202 program.
 According to Beck, AHEPA 192 Phase IV is the first HUD 202 community ASL is constructing
since HUD began funding capital advances for new 202s in earnest a few years ago.
 AHEPA 192 IV is a $22 million project. Its financing is comprised of a $8.9 million HUD Section
202 capital advance, a $6 million low-income housing tax credit allocation, a $1.25 million Polk
County Housing Trust Fund award, and a HUD 223(f) mortgage loan.
 “The need for affordable housing, especially for very low-income seniors, is great, and in the
Des Moines area, each of our four existing communities has a waitlist,” Beck said.

4.  “We are excited and proud to be able to help seniors in need of safe and dignified housing with
90 new units thanks to our financing partners and the support we have received from the City
of Des Moines, Polk County Housing Trust Fund, and HUD, and special thanks to our
development team.”
 ASL also manages AHEPA 192 Phase I Apartments in Johnston; AHEPA 192 Phases II and III
Apartments, and Penelope 38 Apartments, in Ankeny. These four communities total 196 units.
 AHEPA Senior Living affordable independent living communities offer very low-income older
adults, 62 and over, residential apartment-home living with the voluntary supportive services
they may need to continue to live independently as they age. Through service coordination, the
services may include meal services, case management, transportation assistance, public
benefits programs enrollment assistance, fitness and wellness programs, housekeeping
assistance, and health services. As HUD Section 202 developments, they are subsidized and
provide rental assistance for very low-income seniors.

5.  About ASL
 Serving more than 5,000 older adults across the United States, AHEPA Senior Living (ASL) is a
mission-driven, nationwide provider of affordable independent and assisted senior living
communities. Since 1980, it has developed and managed more than 90 affordable senior
housing communities in 21 states administered by the U.S. Department of Housing and Urban
Development Section 202 Supportive Housing for the Elderly program.
 Through its subsidiaries, ASL owns and manages four affordable assisted living communities
with 532 units in Indiana.
 The mission of ASL is to provide older adults with safe, healthy, and enriching affordable
residential communities and quality services that allow them to thrive and enjoy peace of mind.
 To support our mission, please visit https://ahepaseniorliving.org/donate/
 ASL is based in Fishers, Ind.

6. Get in touch with us
6190 NW 59th Court;
Johnston, IA 50131
(515) 276-6766
info@ahepaseniorliving.org
202 SE 30th Street;
Ankeny, IA 50021
(515) 964-0164
info@ahepaseniorliving.org
112 SE 30th Street;
Ankeny, IA 50021
(515) 963-9519
info@ahepaseniorliving.org
AHEPA 192 Senior Apartments AHEPA 192 II Senior Apartments
AHEPA 192 III Senior Apartments
717 NE 5th Street;
Ankeny, IA 50021
(515) 965-5987
info@ahepaseniorliving.org
Penelope 38 Senior Apartments