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 — Nassau-Suffolk, NY HUD Metro FMR Area

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Nassau-Suffolk, NY HUD Metro FMR Area

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,992 $2,379 $2,669 $2,669 $2,669
Low HOME Rent $1,438 $1,643 $1,848 $2,053 $2,218

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $2,669 $1,848
FY2025 $2,586 $1,856
FY2024 $2,508 $1,757
FY2023 $2,297 $1,732
FY2022 $2,065 $1,635
FY2021 $2,035 $1,462
FY2020 $1,992 $1,425
FY2019 $1,907 $1,395
FY2018 $1,878 $1,313
FY2017 $1,800 $1,247

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.