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Division/Section Family Support Chapter No./Name 4 – Economic Stability (ES) Part No./Name B – Eligibility Factors Section No./Name B-1000-FITAP-SNAP Resources Document No./Name B-1030-SNAP Resource Limits Effective Date October 1, 2024
1 of 2 I. STATEMENT OF POLICY
The maximum allowable resources of all members of the household shall not exceed.
• * $4,500 for households which include at least one member age 60 or over or a member who is disabled.
• $3,000 for all other households.
The resource test is not applied to SNAP households that are traditional or Broad-Based categorically eligible. (Refer to policy at E-280-SNAP.)
Count only the equity value of countable resources. The equity value is the fair market value less encumbrances (liens or claims).
Countable resources are the resources that are available:
• At the time of the application interview, or
• When the household submits the redetermination.
II. PROCEDURES
Allow the following maximum resources:
• $4,500 for households which include at least one member age 60 or over or a member who is disabled.
• $3,000 ** for all other households.
Do not apply the resource test to SNAP households which are traditional or Broad-Based categorically eligible. (Refer to policy at E-280-SNAP.)
Count only the equity value of countable resources.
III. FORMS AND INSTRUCTIONS
There are no forms and instructions associated with this policy.
IV. REFERENCES
7 CFR 273.8(a)(b)(c)(2) LAC 67:III: Subpart 3 Supplemental Nutrition Assistance Program, Chapter 19, Subchapter H