Department of Human Services

Food Stamp Online  Policy Manual

Resources

Revised: 

16.2

COUNTABLE NON-LIQUID RESOURCES

Food Stamp Table of Contents

1240-1-4-.07(2)

Unless otherwise exempt, count the equity in all non-liquid resources as a resource. Examples are as follows:

 

(a)   non-exempt buildings;

 

(b)   non-exempt land;

 

(c)    recreational properties; and

 

(d)   property such as boats, vacation homes, and mobile homes.

 

Note:  Equity in real property is determined by subtracting encumbrances from fair market value of the property.

 

Glossary of Terms

Food Stamp Table of Contents