Page 23

Official source

Title 7: SNAP Page 20 Iowa Department of Health and Human Services Employees’ Manual Chapter D: Resources Vehicles Revised September 27, 2024 Determining the Countable Value of a Vehicle

Flow Chart On The Treatment of Licensed Vehicles

Exclude these vehicles from consideration. ▪ One vehicle per household. ▪ Would give a profit of $1,500 or less if sold? ▪ Are used: • For income producing purposes? • For long distance business travel? • For annually producing income consistent with fair market value? • As the household home? • To carry the primary source of heating or water for the household? • To transport a physically disabled member?

Are there any remaining vehicles in the category of: ▪ One vehicle for each adult household member? ▪ A vehicle used by a household member under the age of 18 for transpor- tation to and from work, training, or education to prepare for work?

 Yes 

 No 

Evaluate these vehicles for fair market value over $4,650. Apply excess to resources. Evaluate all remaining vehicles for fair market value over $4,650 and equity. Apply the greater amount of equity value or the fair market value over $4,650 to the household’s resources.

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Page 23

Official source

Title 7: SNAP Page 20 Iowa Department of Health and Human Services Employees’ Manual Chapter D: Resources Vehicles Revised September 27, 2024 Determining the Countable Value of a Vehicle

Flow Chart On The Treatment of Licensed Vehicles

Exclude these vehicles from consideration. ▪ One vehicle per household. ▪ Would give a profit of $1,500 or less if sold? ▪ Are used: • For income producing purposes? • For long distance business travel? • For annually producing income consistent with fair market value? • As the household home? • To carry the primary source of heating or water for the household? • To transport a physically disabled member?

Are there any remaining vehicles in the category of: ▪ One vehicle for each adult household member? ▪ A vehicle used by a household member under the age of 18 for transpor- tation to and from work, training, or education to prepare for work?

 Yes 

 No 

Evaluate these vehicles for fair market value over $4,650. Apply excess to resources. Evaluate all remaining vehicles for fair market value over $4,650 and equity. Apply the greater amount of equity value or the fair market value over $4,650 to the household’s resources.