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, KY

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Marion County, KY

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $619 $660 $866 $1,093 $1,244
Low HOME Rent $671 $766 $862 $957 $1,035

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $866 $862
FY2025 $867 $832
FY2024 $867 $803
FY2023 $793 $757
FY2022 $704 $716
FY2021 $685 $652
FY2020 $638 $621
FY2019 $630 $576
FY2018 $634 $562
FY2017 $631 $540

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.