Deutsche Bank AG
Taunusanlage 12, D-60325
Frankfurt am Main
Federal Republic of Germany



Jeffrey A. Ruiz
Vice President
Telephone: (212) 250-3667


                                                  February 10, 2004


Securities and Exchange Commission
SEC Document Control
450 Fifth Street, N.W.
Washington, DC  20549
Attn:  Filing Desk


Dear Sir or Madame:

         Re:  Filing of Schedule 13G - Home Properties Inc.


Pursuant to Rule 13d-1 of the Securities Exchange Act of 1934, attached is one
copy of Schedule 13G  with respect to the common stock of the above referenced
corporation.

Please acknowledge your receipt of the Schedule 13G by return e-mail
confirmation.

                                                            Sincerely,



                                                            Jeffrey A. Ruiz








Enclosures




                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                               (Amendment No. 1)

                   Under the Securities Exchange Act of 1934


                              Home Properties Inc.
                    _______________________________________
                                NAME OF ISSUER:


                        Common Stock ($0.001 Par Value)
                    _______________________________________
                          TITLE OF CLASS OF SECURITIES

                                   437306103
                    _______________________________________
                                  CUSIP NUMBER


                               December 31, 2003
                    _______________________________________
            (Date of Event Which Requires Filing of this Statement)


         Check the appropriate box to designate the rule pursuant to which this
         Schedule is filed:

                               [X] Rule 13d-1(b)

                               [ ] Rule 13d-1(c)

                               [ ] Rule 13d-1(d)




1.  NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         Deutsche Bank AG*

2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
          (A) [ ]
          (B) [ ]


3.  SEC USE ONLY

4.  CITIZENSHIP OR PLACE OF ORGANIZATION

    Federal Republic of Germany

NUMBER OF         5.       SOLE VOTING POWER
SHARES                     4,049,600
BENEFICIALLY      6.       SHARED VOTING POWER
OWNED BY                   0
EACH              7.       SOLE DISPOSITIVE POWER
REPORTING                  4,049,600
PERSON WITH       8.       SHARED DISPOSITIVE POWER


9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         4,049,600

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
                    [  ]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

         13.14%

12.  TYPE OF REPORTING PERSON

         HC, CO,

* In accordance with Securities Exchange Act Release No. 39538 (January 12,
1998), this filing reflects the securities beneficially owned by the Private
Clients and Asset Management business group ("PCAM") of Deutsche Bank AG and its
subsidiaries and affiliates (collectively, "DBAG"). This filing does not reflect
securities, if any, beneficially owned by any other business group of DBAG.
Consistent with Rule 13d-4 under the Securities Exchange Act of 1934 ("Act"),
this filing shall not be construed as an admission that PCAM is, for purposes of
Section 13(d) under the Act, the beneficial owner of any securities covered by
the filing.






1.  NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         RREEF America, L.L.C.

2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

          (A)     [  ]
          (B)     [  ]


3.  SEC USE ONLY

4.  CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

NUMBER OF         5.       SOLE VOTING POWER
SHARES                     3,451,100
BENEFICIALLY      6.       SHARED VOTING POWER
OWNED BY                    0
EACH              7.       SOLE DISPOSITIVE POWER
REPORTING                  3,451,100
PERSON WITH       8.       SHARED DISPOSITIVE POWER


9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         3,451,100

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
                    [  ]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       11.19%

12.  TYPE OF REPORTING PERSON

         IA, CO,







1.  NAME OF REPORTING PERSONS
     S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         Deutsche Investment Management Company Americas

2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

          (A)     [  ]
          (B)     [  ]


3.  SEC USE ONLY

4.  CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

NUMBER OF         5.       SOLE VOTING POWER
SHARES                     553,600
BENEFICIALLY      6.       SHARED VOTING POWER
OWNED BY                    0
EACH              7.       SOLE DISPOSITIVE POWER
REPORTING                   553,600
PERSON WITH       8.       SHARED DISPOSITIVE POWER
                                    0

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         553,600

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
                    [  ]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

         1.80%

12.  TYPE OF REPORTING PERSON

         IA,CO,






1.  NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         Deutsche Bank Trust Company Americas

2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

          (A)     [  ]
          (B)     [  ]


3.  SEC USE ONLY

4.  CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

NUMBER OF         5.       SOLE VOTING POWER
SHARES                     44,900
BENEFICIALLY      6.       SHARED VOTING POWER
OWNED BY                   0
EACH              7.       SOLE DISPOSITIVE POWER
REPORTING                  44,900
PERSON WITH       8.       SHARED DISPOSITIVE POWER


9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         44,900

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
                    [  ]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

         0.15%


12.  TYPE OF REPORTING PERSON

         BK,CO






Item 1(a).        Name of Issuer:

                  Home Properties Inc.

Item 1(b).        Address of Issuer's Principal Executive Offices:

                  The address of the Issuer's principal executive offices is:

                  850 Clinton Sq., Rochester, NY 14604

Item 2(a).        Name of Person Filing:

                  This statement is filed on behalf of Deutsche Bank AG,
                  ("Reporting Person").

Item 2(b).        Address of Principal Business Office or, if none, Residence:

                  The principal place of business of the Reporting Person is:

                           Taunusanlage 12, D-60325
                           Frankfurt am Main
                           Federal Republic of Germany

Item 2(c).        Citizenship:

                  The citizenship of the Reporting Person is set forth on the
                  cover page.

Item 2(d).        Title of Class of Securities:

                  The title of the securities is common stock, $0.001 par value
                  ("Common Stock").

Item 2(e).        CUSIP Number:

                  The CUSIP number of the Common Stock is set forth on the
                  cover page.

Item 3.          If this statement is filed pursuant to Rules 13d-1(b), or
                 13d-2(b) or (c), check whether the person filing is a:

                 (a) [ ]  Broker or dealer registered under section 15 of
                          the Act;

                 (b) [X]  Bank as defined in section 3(a)(6) of the Act;

                          Deutsche Bank Trust Company Americas

                 (c) [ ]  Insurance Company as defined in section 3(a)(19) of
                          the Act;

                 (d) [ ]  Investment Company registered under section 8 of the
                          Investment Company Act of 1940;

                 (e) [X]  An investment adviser in accordance with Rule 13d-1(b)
                          (1)(ii)(E); RREEF America, L.L.C.

                           Deutsche Investment Management Americas Inc.

                 (f) [ ] An employee benefit plan, or endowment fund in
                         accordance with Rule 13d-1 (b)(1)(ii)(F);

                 (g) [X] Parent holding company or control person in accordance
                         with Rule 13d-1 (b)(1)(ii)(G);

                          Deutsche Bank AG

                 (h) [ ]  A savings association as defined in section 3(b) of
                          the Federal Deposit Insurance Act;

                 (i) [ ]  A church plan that is excluded from the definition of
                          an investment company under section 3(c)(14) of the
                          Investment Company Act of 1940;

                 (j) [ ]  Group, in accordance with Rule 13d-1 (b)(1)(ii)(J).


Item 4.           Ownership.

           (a)    Amount beneficially owned:

                  The Reporting Person owns the amount of the Common Stock as
                  set forth on the cover page.

           (b)    Percent of class:

                  The Reporting Person owns the percentage of the Common Stock
                  as set forth on the cover
                  page.

            (c)   Number of shares as to which such person has:

                (i) sole power to vote or to direct the vote:

                The Reporting Person has the sole power to vote or direct the
                vote of the Common Stock as set forth on the cover page.

                (ii) shared power to vote or to direct the vote:

                The Reporting Person has the shared power to vote or direct the
                vote of the Common Stock as set forth on the cover page.

                (iii) sole power to dispose or to direct the disposition of:

                The Reporting Person has the sole power to dispose or direct
                the disposition of the Common Stock as set forth on the cover
                page.

                (iv) shared power to dispose or to direct the disposition of:

                The Reporting Person has the shared power to dispose or direct
                the disposition of the Common Stock as set forth on the cover
                page.

Item 5.           Ownership of Five Percent or Less of a Class.

                   Not applicable.


Item 6.           Ownership of More than Five Percent on Behalf of Another
                  Person.

                  Not applicable.

Item 7.           Identification and Classification of the Subsidiary Which
                  Acquired the Security Being Reported on by the Parent Holding
                  Company.

                      Subsidiary                     Item 3 Classification
                   -----------------------------------------------------------

                  RREEF America, L.L.C.                 Investment Advisor

                  Deutsche Bank Trust Company Americas  Bank

                  Deutsche Investment Management        Investment Advisor


Item 8.           Identification and Classification of Members of the Group.

                  Not applicable.

Item 9.           Notice of Dissolution of Group.

                  Not applicable.


Item 10.          Certification.

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.








                           SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
 correct.

Dated: 2/10/04


                                DEUTSCHE BANK AG


                                By: /s/ Jeffrey A. Ruiz
                                Name: Jeffrey A. Ruiz
                                Title: Vice President

                                By: /s/ Pasquale Antolino
                                Name: Pasquale Antolino
                                Title: Associate










                           SIGNATURE

       After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: 2/10/04


                                        RREEF America, L.L.C.

                                        By: /s/ Mark Zeisloft
                                        Name: Mark Zeisloft
                                        Title:  Vice President


















                             SIGNATURE

       After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: 2/10/04


                     Deutsche Investment Management Americas Inc.

                     By: /s/ Jeffrey A Ruiz
                     Name: Jeffrey A Ruiz
                     Title:  Vice President











                             SIGNATURE

       After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: 2/10/04


                                        Deutsche Bank Trust Company Americas

                                        By: /s/ Jeffrey A Ruiz
                                        Name: Jeffrey A Ruiz
                                        Title:  Vice President