Section R. 400.7006 - Definitions; RRule 6. As used in these rules:
(a) "Relocation fiscal year cap" means the maximum amount that may be approved for relocation during a fiscal year.(b) "Required payment amount" means a payment by the client of his or her obligation for any of the following in an amount specified in these rules:(ii) The purchase of a home.(iii) Mandatory house insurance premiums required under the terms of a mortgage or land contract.(vi) Water or cooking fuel, or both.(c) "Resource" means income or assets that are owned by, and are under the control of; a client and that may be used to achieve a level of subsistence.Mich. Admin. Code R. 400.7006
1993 AACS; 2015 MR 9, Eff. May 7, 2015