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 — Warren County, VA HUD Metro FMR Area

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Warren County, VA HUD Metro FMR Area

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $953 $1,002 $1,315 $1,683 $1,683
Low HOME Rent $907 $1,036 $1,166 $1,295 $1,398

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,315 $1,166
FY2025 $1,298 $1,170
FY2024 $1,165 $1,105
FY2023 $1,067 $1,091
FY2022 $1,031 $1,048
FY2021 $1,024 $961
FY2020 $1,017 $916
FY2019 $1,000 $852
FY2018 $1,024 $863
FY2017 $987 $832

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.