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 — Pope County, MN

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Pope County, MN

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $726 $803 $1,053 $1,263 $1,394
Low HOME Rent $910 $1,040 $1,170 $1,298 $1,403

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,053 $1,170
FY2025 $1,024 $1,170
FY2024 $1,057 $1,127
FY2023 $925 $1,033
FY2022 $817 $976
FY2021 $734 $872
FY2020 $750 $871
FY2019 $726 $831
FY2018 $750 $795
FY2017 $706 $763

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.