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Polk County Housing Trust Fund offers real estate program

The Polk County Housing Trust Fund has opened registration for the first phase of Develop the Developer Launchpad, a new initiative meant to help real estate developers grow in Polk County presented by Wells Fargo.

The program consists of a two-week boot camp and multi-month fellowship. The program became among the first in the country to use the new Freddie Mac multifamily developer curriculum after the housing organization was named an authorized partner for Freddie Mac’s Develop the Developer Academy.

“We know Polk County has a large need to rehabilitate and construct housing for the purpose of affordability, attainability, and stability. This launchpad will cultivate a talent pipeline of community-centric multifamily developers with the knowledge, resources, relationships, and capability to take on neighborhood-scale housing developments,” said Julian Neely, the housing trust fund’s director of advancement and community investment, in a press release.

The registration for the boot camp will remain open until Nov. 15 or until the capacity for the program is reached. A pre-registration questionnaire is required by all participants to determine eligibility for the program. Those interested also require a Polk County residency, demonstrated real estate experience, a commitment to the two-week classroom experience for the boot camp, and a $500 payment for registration. 

The boot camp cohort will gather on Dec. 1, 2025. During the two-week program, participants will receive extensive knowledge in multifamily development, make connections with industry experts, and the resources to grow as multifamily developers in Polk County.

Graduates of the program will b eligible for the program’s second phase, beginning Spring 2026. It will pair fellows with local developers in Polk County to complete a “joint venture development”.

“We are really thinking ahead in terms of how do we have public private partnerships, to pursue equity and education around being a developer, an experience around being a developer,” said Danny Heggen, one of the local developers who is advising the new effort, in a press release.

The following local leaders have volunteered their time to assist PCHTF in developing and offering this new program:

NameAffiliation
Britney AppelgateWells Fargo
Danny HeggenDev Partners
Malcolm HankinsCity of Des Moines
Kuuku SaahNtonan RE
Marvin DeJearDeJear, Inc.
Molly CutlerCutler Development
Scott CutlerCutler Development
Frank LevyNewbury Living
Jed GammellHigh Street Insurance
Larry JamesConveyance Law
Dan DrendelSlingshot Architecture
Taylor HaysSlingshot Architecture
Jake ChristensenChristensen Development
Steve Wilke-ShapiroSequel Architecture
James SpillerIowa State University
Mike UrquhartSecurity National Bank
Joseph BergmanJLL
Anthony PawnellDMACC

The application and program details are now available at https://pchtf.org/dtdl or by contacting Julian Neely at jneely@pchtf.org.

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Author

Gretchen Lembcke Peña is a journalist with a B.A in Multimedia Journalism and a minor in Public Relations from Lynn University. She has always had a passion for reading and writing, with a focus on social issues and entertainment. Originally from Santo Domingo, Dominican Republic, Gretchen is not only fluent in Spanish but also has a wider view of the world through an international lens. Her goal is to eventually pursue reporting with a focus on marginalized communities both in and outside the United States. She is currently aiming to achieve an M.A in Bilingual Journalism at the Craig Newmark Graduate School of Journalism at CUNY.