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 NELSON B   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

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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

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

$ 0 (1)

02/08/2006

J(2)

4,005

08/04/1995

08/08/1988(3)

Common Stock

4,005

$ 0

4,224

D

Reporting Owners

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

Signatures

/s/ Nelson B. 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 Venture 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.

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