Ribbon cut on 90 new affordable senior apartments in Des Moines
                     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.
• WHO NBC 13 News
• We Are Iowa ABC 5 News
• McKnights Senior Living
 “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.
 Click here to watch video - U.S. Senator Joni Ernst of Iowa | Greetings | AHEPA 192 Phase IV Ribbo
n Cutting
 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.
Get in touch with us
AHEPA 192 II Senior Apartments AHEPA 192 III Senior Apartments
202 SE 30th Street, 112 SE 30th Street,
Ankeny, IA 50021 Ankeny, IA 50021
(515) 964-0164 (515) 963-9519
[email protected] [email protected]
AHEPA 192 Senior Apartments Penelope 38 Senior Apartments
6190 NW 59th Court 717 NE 5th Street,
Johnston, IA 50131 Ankeny, IA 50021
(515) 276-6766 (515) 965-5987
[email protected] [email protected]