16 Del. Admin. Code § 9000-9046

Current through Register Vol. 28, No. 7, January 1, 2025

Section 9000-9046 - Countable Resources

[7 CFR 273.8(c)]

Count the following resources when determining eligibility for food benefit purposes for non-categorical eligible households:

A. Liquid Resources

1. Cash on hand

2. Money in checking or savings accounts

3. Savings certificates

4. Stocks

5. Bonds

6. Lump sum payments

7. Non-deferred business or personal loans in month of receipt

8. The portion of the equity value of a funeral agreement that exceeds $1,500 per household member

B. Non-Liquid Resources, not specifically excluded under 9049.

1. Personal property

2. Licensed and unlicensed vehicles

3. Buildings, land, recreational properties and any other property

The value of non-exempt resources is the equity value, except for licensed vehicles per DSSM 9051. The equity value is the fair market value minus encumbrances.

C. Deemed Resources of the sponsor (and sponsor's spouse) for sponsored aliens per DSSM 9081.2.

16 Del. Admin. Code § 9000-9046

12 DE Reg. 1090 (02/01/09)