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 — Fentress County, TN

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Fentress County, TN

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $700 $705 $925 $1,109 $1,109
Low HOME Rent $682 $780 $877 $975 $1,053

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $925 $877
FY2025 $899 $843
FY2024 $861 $772
FY2023 $747 $752
FY2022 $676 $710
FY2021 $663 $635
FY2020 $649 $617
FY2019 $619 $591
FY2018 $613 $563
FY2017 $608 $540

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.