Financial Eligibility Requirements 400-28-65

 

Assets 400-28-65-05

(Revised 7/1/16 ML #3472)

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Federal law requires that a family’s assets do not exceed $1,000,000. The applicant or other household members may self-certify at the time of application or review that the household’s assets do not exceed the asset limit.

 

If the household self-certifies that total assets are less than the asset limit, and it is not questionable, no further action needs to be taken.

 

If the household indicates that the household’s assets exceed the asset limit or if the household self-certifies assets are less than the asset limit but the assets are questionable, refer to Countable Assets 400-28-65-07 and Asset Exclusions 400-28-65-09 to determine which assets are countable.