July 25, 2025

AHEPA Senior Living Opens 90 New Units in Des Moines

DES MOINES, IOWA (July 25, 2025) – AHEPA Senior Living President and CEO Steve Beck announced that AHEPA 192 Phase 4 Apartments, a 90-unit community of affordable senior housing, will officially open its doors on August 1, 2025. Located at 6705 SE 5th Street, Des Moines, the three-story development is purpose-built for very low-income seniors aged 62 and over, in partnership with HUD’s Section 202 Supportive Housing for the Elderly program.

“We’re incredibly proud to open AHEPA 192 Phase 4 and expand our footprint in the Des Moines area,” Beck said. “This beautiful new community represents our commitment to helping more seniors age with dignity, independence, and support. With growing demand and long waitlists, this opening is timely and vital. We can’t wait to welcome our new residents home.”

Community Amenities and Apartment Features

  • 90 one-bedroom/one-bath units, sized between 626–672 sq ft, each equipped with walk-in showers, full kitchen appliances, utilities, emergency call systems and strobe light smoke detectors, and broadband-ready hookups.
  • On-site amenities such as a community room with kitchen & cable TV, fitness/wellness rooms, meditation lounge, laundry, landscaped grounds, and elevator.
  • Supportive services coordination to promote independent living.
  • Strategic location, proximate to public transit and nestled in a landscaped courtyard with patios with a walking path and pet areas

As a HUD-assisted and tax credit-supported community, AHEPA 192 Phase 4 will provide rental assistance to qualifying very low-income seniors aged 62 and older. Pre-applications are now being accepted for eligibility screening. To learn more, visit the AHEPA Senior Living website or call 515.214.1281.

Financed at $23 million and developed on a 4.4-acre site of the former Southridge Mall, the Phase 4 community is AHEPA Senior Living’s fifth HUD Section 202-managed property in the Des Moines area, bringing their local total to 286 units. AHEPA 192 IV, Inc., a nonprofit organization, is the sponsor and owner of the property. James Karthan of Ankeny, Iowa, serves as president of the AHEPA 192 IV Board.

AHEPA Senior Living broke ground on Phase 4 on August 18, 2023.

About AHEPA Senior Living
Serving more than 5,000 older adults across the United States, AHEPA Senior Living 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, AHEPA Senior Living, through its Hellenic Senior Living brand, owns and manages four affordable assisted living communities with 532 units in Indiana.

The mission of AHEPA Senior Living 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/

AHEPA Senior Living is based in Fishers, Ind.

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