October 13, 2025
Ribbon Cut on 90 New Affordable Senior Apartments in Des Moines
DES MOINES, IOWA (October 13, 2025) – AHEPA Senior Living commemorated the official opening of AHEPA 192 Phase 4 Apartments, a 90-unit community of affordable senior housing in Des Moines, with a ribbon-cutting ceremony and open house on October 13, 2025, announced President and CEO Steve Beck. Located at 6705 SE 5th Street, the three-story development provides quality, affordable homes for very low-income seniors aged 62 and over through a partnership with HUD’s Section 202 Supportive Housing for the Elderly program. Residents began moving into their new homes on August 1.
“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 welcome our newest residents home.”
“Our growth is rooted in a simple belief — that affordable senior housing is about more than buildings; it’s about community, dignity, and care,” AHEPA Senior Living Chairman of the Board Ike Gulas said. “This new Des Moines development embodies that promise and marks another step forward as we expand our reach, building homes where older adults can live independently and thrive.”
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
- Energy efficient, solar panels to be placed on the roof
The speaking program featured remarks from AHEPA Senior Living’s executive and local board leadership, federal and local government officials, and a blessing by Rev. Father Basil Hickman, Saint George Greek Orthodox Church. The event earned local media coverage from three outlets, including News Radio 1040 WHO, which also interviewed Beck.
About AHEPA 192 Phase IV Apartments
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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