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 — Teton County, ID

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Teton County, ID

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,136 $1,143 $1,323 $1,769 $2,117
Low HOME Rent $1,045 $1,192 $1,342 $1,491 $1,611

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,323 $1,342
FY2025 $1,188 $1,221
FY2024 $1,259 $1,118
FY2023 $1,081 $1,017
FY2022 $990 $961
FY2021 $943 $860
FY2020 $923 $820
FY2019 $875 $810
FY2018 $871 $765
FY2017 $834 $718

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.