Home Ownership Value Limits

Q. What are the HOME Homeownership Value Limits?

A. The initial purchase price or after-rehabilitation value of homeownership
assisted units with HOME funds not to exceed 95 percent of the area median income
purchase price for single family housing. HUD limits are updated and published
annually. The limits applicable to a project are the limits effective at the time the project
specific commitment is made.

2013 HOME FINAL Rule Section 92.254 (a)(2)(iii) HOME Homeownership Value.

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