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 — Henry County, MO

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Henry County, MO

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $652 $677 $888 $1,171 $1,176
Low HOME Rent $678 $775 $872 $968 $1,046

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $888 $872
FY2025 $825 $867
FY2024 $797 $807
FY2023 $766 $780
FY2022 $724 $737
FY2021 $721 $668
FY2020 $699 $641
FY2019 $715 $623
FY2018 $700 $627
FY2017 $701 $591

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.