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 — Portland, ME HUD Metro FMR Area

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Portland, ME HUD Metro FMR Area

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,469 $1,658 $2,130 $2,260 $2,260
Low HOME Rent $1,217 $1,391 $1,565 $1,738 $1,878

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $2,130 $1,565
FY2025 $2,011 $1,461
FY2024 $1,946 $1,435
FY2023 $1,859 $1,331
FY2022 $1,721 $1,257
FY2021 $1,592 $1,125
FY2020 $1,516 $1,128
FY2019 $1,387 $1,046
FY2018 $1,348 $1,013
FY2017 $1,301 $923

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.