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 — Traill County, ND

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Traill County, ND

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $686 $690 $873 $1,214 $1,464
Low HOME Rent $1,023 $1,170 $1,316 $1,462 $1,580

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $873 $1,316
FY2025 $928 $1,372
FY2024 $859 $1,266
FY2023 $826 $1,151
FY2022 $757 $1,087
FY2021 $734 $988
FY2020 $714 $995
FY2019 $700 $963
FY2018 $697 $933
FY2017 $763 $885

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.