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SNAP 401-1 RESOURCES Ownership/Accessibility/Equity Value Supersedes: FS 401-1 (08/03/2022) Reference: 7 CFR 273.8 Overview: Ownership of a resource is determined by the: 1. Name(s) on the account, title, deed, contract, etc. 2. Source(s) of the funds in the account. 3. Purpose the account/investment was opened; and, 4. Activity of the account/investment. If the title, deed, contract, account, etc., has only one name listed, the resource belongs to that individual. If more than one name is listed, it is a jointly owned resource. JOINTLY OWNED RESOURCES: Resources of non-CE and non-ECE individuals owned jointly with someone outside the SNAP filing unit must be evaluated to determine accessibility to the non-CE or non-ECE household. Consider 100% of the resource available to the non-CE and non-ECE household unless the: 1. Household can demonstrate it only has access to a portion of the resource. The value of the portion available to the non-CE and non-ECE individual is counted as a resource. Jointly owned liquid resources (e.g., bank accounts, CDS, etc.) are fully accessible until the non-CE and non-ECE individuals are removed or access to the resource is restricted. A resource is inaccessible to non- CE and non-ECE individuals if access is restricted by an agreement between the joint- owners. NOTE: When a non-CE or non-ECE household member removes their name from an accessible jointly owned liquid resource, the action must be evaluated for a possible transfer of resources disqualification (SNAP 404-1). 2. Resource cannot be practically subdivided and the non-CE or non-ECE household member’s access to the resource is dependent on the agreement of a joint owner who refuses to comply; or, 3. Resources are jointly owned by a non-CE or non-ECE household residing in a shelter for battered adults and children and the member(s) of the former household and access to the value of the resources are dependent on the agreement of the joint-owner still residing in the former household. ACCESSIBILITY: