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 — Sioux County, IA

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Sioux County, IA

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $735 $740 $971 $1,246 $1,351
Low HOME Rent $961 $1,098 $1,236 $1,372 $1,482

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $971 $1,236
FY2025 $904 $1,233
FY2024 $882 $1,143
FY2023 $809 $1,073
FY2022 $745 $1,013
FY2021 $715 $923
FY2020 $687 $907
FY2019 $667 $866
FY2018 $651 $842
FY2017 $630 $796

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.