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 — King George County, VA

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — King George County, VA

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,182 $1,211 $1,469 $2,043 $2,252
Low HOME Rent $1,213 $1,386 $1,560 $1,732 $1,871

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,469 $1,560
FY2025 $1,337 $1,510
FY2024 $1,400 $1,395
FY2023 $1,209 $1,335
FY2022 $1,081 $1,260
FY2021 $1,073 $1,152
FY2020 $1,112 $1,123
FY2019 $1,071 $1,118
FY2018 $1,079 $1,071
FY2017 $963 $1,091

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.