HOME Investment Partnerships Program-Maximum Per-Unit Subsidy Limit Methodology and Amount; Notice for Comment
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Issuing agencies
Abstract
This notice for comment establishes HUD's methodology for determining maximum per-unit subsidy limits for the HOME Investment Partnerships Program (HOME) and seeks public comment on the methodology described within this notice for comment. This notice for comment also establishes the maximum per-unit subsidy limits consistent with this methodology.
Full Text
<html>
<head>
<title>Federal Register, Volume 91 Issue 69 (Friday, April 10, 2026)</title>
</head>
<body><pre>
[Federal Register Volume 91, Number 69 (Friday, April 10, 2026)]
[Notices]
[Pages 18474-18475]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-06926]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-6144-N-07]
RIN 2506-AC50
HOME Investment Partnerships Program--Maximum Per-Unit Subsidy
Limit Methodology and Amount; Notice for Comment
AGENCY: Office of the Assistant Secretary for Community Planning and
Development, U.S. Department of Housing and Urban Development (HUD).
ACTION: Notice for comment.
-----------------------------------------------------------------------
SUMMARY: This notice for comment establishes HUD's methodology for
determining maximum per-unit subsidy limits for the HOME Investment
Partnerships Program (HOME) and seeks public comment on the methodology
described within this notice for comment. This notice for comment also
establishes the maximum per-unit subsidy limits consistent with this
methodology.
DATES: Public comments are due on May 11, 2026. The maximum per-unit
subsidy limits described in this notice for comment are in effect and
applicable to projects for which HOME funds are committed on or after
May 11, 2026.
ADDRESSES: Interested persons are invited to submit comments regarding
this notice for comment. To receive consideration as public comments,
comments must be submitted through one of the two methods specified in
this section. All submissions must refer to the above docket number and
title.
1. Electronic Submission of Comments. Interested persons may submit
comments electronically through the Federal eRulemaking Portal at
<a href="http://www.regulations.gov">www.regulations.gov</a>. HUD strongly encourages commenters to submit
comments electronically. Electronic submission of comments allows the
commenter maximum time to prepare and submit a comment, ensures timely
receipt by HUD, and enables HUD to make comments immediately available
to the public. Comments submitted electronically through
<a href="http://www.regulations.gov">www.regulations.gov</a> can be viewed by other commenters and interested
members of the public. Commenters should follow the instructions
provided on <a href="http://www.regulations.gov">www.regulations.gov</a> to submit comments electronically.
2. Submission of Comments by Mail. Comments may be submitted by
mail to the Regulations Division, Office of General Counsel, U.S.
Department of Housing and Urban Development, 2415 Eisenhower Ave.,
Alexandria, VA 22314.
Public Inspection of Public Comments. HUD will make all properly
submitted comments and communications available for public inspection
and copying between 8:00 a.m. and 5:00 p.m. weekdays at the address
listed in this section. Due to security measures at the HUD
Headquarters building, you must schedule an appointment in advance to
review the public comments by calling the Regulations Division at 202-
708-3055 (this is not a toll-free number). HUD welcomes and is prepared
to receive calls from individuals who are deaf or hard of hearing, as
well as individuals with speech or communication disabilities. To learn
more about how to make an accessible telephone call, please visit
<a href="https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs">https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs</a>. Copies of all comments submitted are available for inspection and
downloading at <a href="http://www.regulations.gov">www.regulations.gov</a>.
FOR FURTHER INFORMATION CONTACT: Henrietta Owusu, Deputy Director,
Office of Affordable Housing Programs, Office of Community Planning and
Development, U.S. Department of Housing and Urban Development, 451 7th
Street SW, Room 7160, Washington, DC 20410; telephone number (202) 708-
2684 (this is not a toll-free number). HUD welcomes and is prepared to
receive calls from individuals who are deaf or hard of hearing, as well
as individuals with speech or communication disabilities. To learn more
about how to make an accessible telephone call, please visit <a href="https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs">https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs</a>.
[[Page 18475]]
SUPPLEMENTARY INFORMATION:
I. Background
On January 6, 2025, HUD published the HOME Investment Partnerships
Program: Program Updates and Streamlining final rule (HOME Final Rule)
in the Federal Register, available at 90 FR 746. Consistent with the
requirements of section 212(e) of the Cranston-Gonzalez National
Affordable Housing Act (NAHA),\1\ the HOME Final Rule states that HUD
will publish its methodology for determining maximum per-unit dollar
limits through a publication in the Federal Register with the
opportunity for comment.\2\ The HOME Final Rule, at 24 CFR 92.250(a),
also requires HUD to determine the total amount of HOME funds that a
participating jurisdiction may invest on a per-unit basis in affordable
housing in accordance with NAHA and publish the maximum per-unit dollar
limits for the area in which the housing is located annually.
---------------------------------------------------------------------------
\1\ Section 212(e) of NAHA (42 U.S.C. 12742(e)) requires HUD to
establish limits on the amount of HOME funds that may be invested on
a per-unit basis.
\2\ See 24 CFR 92.250(a)
---------------------------------------------------------------------------
II. Methodology for Determining Maximum Per-Unit Subsidy Limits for the
HOME Program
Through this notice for comment, HUD is identifying and
implementing a methodology for the annual determination of the maximum
per-unit subsidy limit.
On May 29, 2024, HUD published the HOME Investment Partnerships
Program: Program Updates and Streamlining proposed rule (HOME Proposed
Rule) in the Federal Register, available at 89 FR 46618. In the HOME
Proposed Rule, HUD proposed to establish the maximum per-unit subsidy
limit as 270 percent of the basic mortgage limitations for section 234
of the National Housing Act (12 U.S.C. 1715y) for condominium housing.
In the HOME Final Rule, HUD responded to public comments on this
proposal, which were generally supportive. For a summary of the
comments and HUD's response, see the HOME Final Rule at 90 FR 802.
Following the publication of the HOME Final Rule, HUD reconsidered
the public comments and assessed the impact of implementing the maximum
per-unit subsidy limit as 270 percent of the basic mortgage limitations
for section 234 of the National Housing Act for condominium housing.
This would have constituted an increase from 240 percent of the basic
mortgage limitations for section 234 of the National Housing Act for
condominium housing that has been the basis for the maximum per-unit
subsidy limits since the publication of Notice CPD-15-003: Interim
Policy on Maximum Per-Unit Subsidy Limits for the HOME Program in 2015.
Based on this review, HUD determined that permitting increased spending
on HOME projects with higher per-unit costs would result in fewer
affordable housing units. Accordingly, through this notice for comment,
HUD is establishing the maximum per-unit subsidy limit for the HOME
program as 240 percent of the basic mortgage limitations for section
234 of the National Housing Act for condominium housing. HUD believes
that maintaining its existing policy is consistent with the statute and
will not negatively impact the production of affordable housing.
HUD is requesting comments from industry stakeholders and other
interested persons on the practicability and appropriateness of this
maximum per-unit subsidy limit methodology. Public comment in response
to this notice for comment provides HUD with the opportunity to perform
a higher level of review of current development and construction costs,
evaluate ongoing changes in costs due to changes in building codes and
industry practices, determine whether different eligible activities
(i.e., homeownership versus rental) should have different
methodologies, and consider and respond to comments in the
implementation of a revised maximum per-unit subsidy limit methodology.
HUD will consider the comments it receives in response to this notice
for comment when it considers making changes to the maximum per unit
subsidy limit methodology or amount in the future.
III. Maximum Per-Unit Subsidy Limits for the HOME Program
Consistent with the HOME Final Rule codified at 24 CFR 92.250 and
this notice for comment, HUD is establishing the maximum per-unit
subsidy limit for the HOME program as 240 percent of the basic mortgage
limitations for section 234 of the National Housing Act's condominium
housing limit for elevator-type projects.\3\ The maximum per-unit
subsidy limits are as follows:
---------------------------------------------------------------------------
\3\ HUD's most recent publication of the Annual Indexing of
Basic Statutory Mortgage limits for Multifamily Housing Programs,
including elevator-type projects, was announced in the notice
entitled ``Annual Indexing of Basic Statutory Mortgage Limits for
Multifamily Housing Programs'' (89 FR 10089, Feb. 13, 2024).
------------------------------------------------------------------------
2025 Section 234 2025 HOME Maximum
Bedrooms Elevator Per Unit Subsidy
Statutory Limit Limit
------------------------------------------------------------------------
0................................. $78,191 $187,658
1................................. 89,634 215,122
2................................. 108,998 261,595
3................................. 141,008 338,419
4................................. 154,782 371,477
------------------------------------------------------------------------
HUD intends to issue updated maximum per-unit subsidy limits using
this methodology annually. HUD may revise this methodology through the
issuance of a future publication for comment in the Federal Register.
IV. Environmental Impact
This notice involves a statutorily required establishment of
maximum per-unit subsidy limits that does not constitute a development
decision affecting the physical condition of specific project areas or
building sites. Accordingly, under 24 CFR 50.19(c)(6), this notice for
comment is categorically excluded from environmental review under the
National Environmental Policy Act of 1969 (42 U.S.C. 4321).
Ronald J. Kurtz,
Assistant Secretary for Community Planning and Development.
[FR Doc. 2026-06926 Filed 4-9-26; 8:45 am]
BILLING CODE 4210-67-P
</pre></body>
</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.