Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
LEENHOUTS NORMAN P
  2. Issuer Name and Ticker or Trading Symbol
HOME PROPERTIES INC [HME]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O HOME PROPERTIES, 850 CLINTON SQUARE
3. Date of Earliest Transaction (Month/Day/Year)
02/08/2006
(Street)

ROCHESTER, NY 14604
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Units of Limited Partnership Interest $ 0 (1) 02/08/2006   J(2)     4,005 08/04/1995 08/08/1988(3) Common Stock 4,005 $ 0 0 I (2) By Leenhouts Ventures
Units of Limited Partnership Interest $ 0 (1) 02/08/2006   J(2)   4,005   08/04/1995 08/08/1988(3) Common Stock 4,005 $ 0 4,472 D  
Units of Limited Partnership Interest $ 0 (1) 02/08/2006   J(4)     150,000 08/04/1995 08/08/1988(3) Common Stock 150,000 $ 0 0 I (4) By Home Leasing Corporation
Units of Limited Partnership Interest $ 0 (1) 02/08/2006   J(4)   150,000   08/04/1995 08/08/1988(3) Common Stock 150,000 $ 0 150,000 I (4) By Knollwood Ventures, Inc.

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LEENHOUTS NORMAN P
C/O HOME PROPERTIES
850 CLINTON SQUARE
ROCHESTER, NY 14604
  X      

Signatures

 /s/ Norman P. Leenhouts, By Ann M. McCormick, attorney-in-fact   02/10/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Units of limited partnership interests in Home Properties, L.P., a New York limited partnership of which the Issuer is the General Partner. The Reporting Person has the right to redeem the Units for cash.
(2) The Reporting Person is a general partner of Leenhouts Ventures. The units, which represent the Reporting Person's proportionate interest in Leenhouts Ventures, were assigned by Leenhouts Ventures to the Reporting Person.
(3) The expiration date is 12/31/2093, the expiration of the term of the partnership. Computer program limitations do not permit including this date on the face of the table.
(4) The Reporting Person was a director, officer and shareholder of Home Leasing Corporation. The units previously held indirectly through Home Leasing Corporation represent the Reporting Person's proportionate interest in Home Leasing Corporation. The Reporting Person no longer has an interest in Home Leasing Corporation and the units listed as being owned by Knollwood Ventures, Inc. were assigned by Home Leasing Corporation to Knollwood Ventures, Inc. The Reporting Person is a director, officer and the sole shareholder of Knollwood Ventures, Inc.

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