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 — Jacksonville, NC MSA

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Jacksonville, NC MSA

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $929 $935 $1,173 $1,387 $1,387
Low HOME Rent $747 $855 $961 $1,067 $1,153

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,173 $961
FY2025 $1,147 $910
FY2024 $1,238 $857
FY2023 $951 $791
FY2022 $876 $747
FY2021 $894 $668
FY2020 $920 $653
FY2019 $843 $648
FY2018 $843 $596
FY2017 $812 $616

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.