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 — Marion County, IA

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Marion County, IA

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $701 $808 $1,016 $1,218 $1,356
Low HOME Rent $916 $1,047 $1,178 $1,308 $1,413

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,016 $1,178
FY2025 $976 $1,177
FY2024 $941 $1,078
FY2023 $854 $1,001
FY2022 $835 $946
FY2021 $805 $856
FY2020 $734 $860
FY2019 $734 $848
FY2018 $732 $825
FY2017 $731 $823

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.