The affordability period runs for the term set by the per-unit HOME investment

home.affordability.period · v1.0.0

HOME rental housing must remain affordable for 5, 10, 15 or 20 years depending on the average per-unit amount of HOME funds and the activity type, enforced by deed restriction, covenant or other mechanism, and the period is not reduced by prepayment.

Confidence

high

Effective from

1992-01-01

Last reviewed

2026-08-22