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 — Mason County, WA

FMRs · Income Limits · LIHTC Rents

FY2026 HOME Rent Limits — Mason County, WA

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,030 $1,032 $1,354 $1,748 $1,748
Low HOME Rent $942 $1,076 $1,211 $1,345 $1,453

High HOME Rent History (2-Bedroom)

Fiscal Year High HOME 2BR Low HOME 2BR
FY2026 $1,354 $1,211
FY2025 $1,261 $1,127
FY2024 $1,278 $1,033
FY2023 $1,181 $940
FY2022 $1,069 $888
FY2021 $949 $795
FY2020 $1,047 $757
FY2019 $1,003 $726
FY2018 $935 $731
FY2017 $957 $698

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.