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 — Summit County, UT

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Summit County, UT

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,771 $1,887 $2,185 $2,725 $2,725
Low HOME Rent $1,467 $1,677 $1,887 $2,096 $2,265

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $2,185 $1,887
FY2025 $1,808 $1,876
FY2024 $1,807 $1,721
FY2023 $1,553 $1,593
FY2022 $1,408 $1,505
FY2021 $1,321 $1,345
FY2020 $1,256 $1,282
FY2019 $1,183 $1,236
FY2018 $1,177 $1,205
FY2017 $1,033 $1,163

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.