HOME Per-unit Subsidy Limits

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HOME maximum per unit subsidy limits are based on the Section 221(d)3 limits for elevator-type projects. These limits are determined by HUD’s Office of Multi-Family Housing Programs. Limits for certain "base cities" are issued. However, there is no comprehensive list of these limits for all jurisdictions. The latest limit for a particular jurisdiction must be obtained from the appropriate HUD Multi-Family Housing Hub Office or Program Center. The per-unit subsidy requirements are described in the HOME regulations at 24 CFR 92.250. The minimum HOME investment in rental housing or homeownership is $1,000 times the number of HOME-assisted units as described in the HOME regulations at 24 CFR 92.205(c).