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Title 7: SNAP Page 4 Iowa Department of Health and Human Services Employees’ Manual Chapter D: Resources Countable Resources Revised September 27, 2024 What Resources to Count Nonliquid Resources Legal reference: 7 CFR 273.8(c) Nonliquid resources are resources that cannot be easily converted to cash. Examples include: ▪ Personal property ▪ Land ▪ Buildings ▪ Vehicles ▪ Recreational property ▪ Other property not listed under Excluded Resources Nonrecurring Lump Sum Legal reference: 7 CFR 273.8(c) Count nonrecurring lump sums as a resource unless excluded by federal law. See Other Excluded Federal Payments. For examples of nonrecurring lump sums, see 7-E, Types of Income: Lump Sum (Nonrecurring). Recreational and Vacation Property Legal reference: 7 CFR 273.8(c) Count the equity value of property primarily used for recreational or vacation purposes. Examples of recreational and vacation property are: ▪ Canoes, rowboats, or kayaks ▪ Travel trailers and nonmotorized campers ▪ Vacation homes ▪ Mobile homes used for vacation or recreational purposes Motor homes are not treated under this policy. Motor homes are vehicles. See the Vehicles policy later in this chapter. Verifying Resources Legal reference: 7 CFR 273.2(f)(2), 273.8(b) Ask for verification of any questionable resources. Examples of sources of verification are bank statements, statements from realtors, records from the county assessor’s office, and real estate broker listings. (To verify the value of a vehicle, see Vehicles.) If you think a payment may be excluded as a resource due to its funding source, contact the agency that issued the payment. Ask the agency for the source of the funding.