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 — McKenzie County, ND

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — McKenzie County, ND

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,117 $1,124 $1,354 $1,672 $2,075
Low HOME Rent $1,117 $1,277 $1,437 $1,596 $1,725

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,354 $1,437
FY2025 $1,351 $1,330
FY2024 $1,352 $1,218
FY2023 $1,301 $1,156
FY2022 $1,110 $1,091
FY2021 $1,086 $1,110
FY2020 $1,032 $1,113
FY2019 $1,033 $1,090
FY2018 $851 $990
FY2017 $811 $888

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.