Stewart Park Apartments

1401 E Capitol Ave, Des Moines, Iowa 50316

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Stewart Park Apartments is managed by CommonBond Communities.

Stewart Park Townhomes participates in an affordable housing program. Applicants must meet income qualification; total household gross income is based on 60% or lower of the median income adjusted for household size. Section 8 Voucher holders are encouraged to apply!

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 1250 $650

Eligibility for Stewart Park Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Des Moines but actual income limits may differ for units at Stewart Park Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $36,550 $41,750 $46,950 $52,150
Low Income (60%) $43,860 $50,100 $56,340 $62,580

Stewart Park Apartments Details

  • 18 two bedroom units.
  • Low Rise
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • On-Site Maintenance

Unit Amenities

  • Washer and Dryer Included

Office Hours

Day Hours
Monday 9:00am-3:00pm
Tuesday 9:00am-3:00pm
Wednesday 9:00am-3:00pm
Thursday 9:00am-3:00pm
Friday 9:00am-3:00pm
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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