HOME Rents Program Limits (Effective 5/3/06)
DHCD generally uses the definitions of "low" and "moderate" as defined in CDBG regulations, which correspond to the "very low" and "low" in the HOME and Section 8 Regulations. Since 1999, however, DC has been exempted by HUD from these limits and permitted to use "uncapped limits" (i.e. the actual 80% of the area median income for the DC area). DHCD may use the exemption, as necessary, in its CDBG and HOME programs.
|
Maximum HOME Rents |
Units | |||||||
| Efficiency | 1 BR | 2 BR | 3 BR | 4 BR | 5 BR | 6 BR | ||
| Low HOME Rent Limit | 790 | 836 | 1,016 | 1,173 | 1,308 | 1,445 | 1,580 | |
| High HOME Rent Limit | 948 | 1,080 | 1,225 | 1,492 | 1,645 | 1,797 | 1,949 | |
|
For Information Only Fair Market Rent |
948 | 1,080 | 1,225 | 1,580 | 2,068 | 2,378 | 2,688 | |
NOTE: Project sponsors should review the HUD regulation on HOME rents at 24 CFR 92.252
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