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 — Grand Junction, CO MSA

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Grand Junction, CO MSA

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $881 $986 $1,249 $1,634 $1,634
Low HOME Rent $881 $1,006 $1,132 $1,257 $1,358

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,249 $1,132
FY2025 $1,245 $1,147
FY2024 $1,123 $1,060
FY2023 $1,066 $978
FY2022 $1,026 $925
FY2021 $1,018 $827
FY2020 $1,035 $798
FY2019 $842 $785
FY2018 $844 $757
FY2017 $799 $722

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.