What are HOME program rent limits?

The HOME Investment Partnerships Program sets maximum rents for units in HOME-funded affordable housing. High HOME rents are the lesser of the Section 8 FMR or 30% of 65% of Area Median Income, and apply to most assisted units. Low HOME rents apply to units reserved for very low-income households (the "20 at 50" set-aside) and are based on 30% of 50% AMI.

HOME Program Rent Limits — San Miguel County, CO

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — San Miguel County, CO

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,245 $1,254 $1,645 $2,130 $2,130
Low HOME Rent $1,147 $1,311 $1,475 $1,638 $1,770

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,645 $1,475
FY2025 $1,743 $1,345
FY2024 $1,681 $1,233
FY2023 $1,592 $1,122
FY2022 $1,673 $1,076
FY2021 $1,426 $962
FY2020 $1,324 $917
FY2019 $1,280 $958
FY2018 $1,251 $956
FY2017 $1,283 $888

Related Pages

How HOME rents differ from FMRs and LIHTC limits

HOME rent limits apply specifically to rental units funded through the HOME Investment Partnerships Program. Unlike Section 8 Fair Market Rents (which set voucher payment standards) or LIHTC maximum rents (which apply to tax-credit properties), HOME limits cap what an owner of a HOME-assisted unit may charge. Each year HUD publishes both the High and Low HOME rents; the applicable limit depends on the unit's income targeting under the project's HOME agreement.