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 — Trenton, NJ MSA

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Trenton, NJ MSA

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,344 $1,545 $1,950 $2,271 $2,271
Low HOME Rent $1,221 $1,395 $1,570 $1,743 $1,883

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,950 $1,570
FY2025 $2,028 $1,428
FY2024 $1,998 $1,417
FY2023 $1,732 $1,420
FY2022 $1,613 $1,341
FY2021 $1,539 $1,202
FY2020 $1,456 $1,223
FY2019 $1,361 $1,191
FY2018 $1,329 $1,113
FY2017 $1,364 $1,073

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.