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 — Jefferson County, MT

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Jefferson County, MT

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $968 $1,070 $1,404 $1,872 $1,872
Low HOME Rent $1,003 $1,146 $1,290 $1,433 $1,548

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,404 $1,290
FY2025 $1,361 $1,173
FY2024 $941 $1,075
FY2023 $917 $1,080
FY2022 $874 $1,020
FY2021 $910 $947
FY2020 $915 $932
FY2019 $838 $895
FY2018 $903 $867
FY2017 $843 $868

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.