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b. Once the balance of the allotment contract is verified as salable to an approved financial institution, the remaining discounted contract value is counted as a resource. (1) Determine the cash value of the TTPP contract by completing the following steps: (a) Does the quota holder have a copy of the Commodity Credit Corporation, CCC-960 document? If yes, using their CCC-960 document, verify his eligibility for the installment payments, whether the quota holder is a quota owner or a quota grower, and the total remaining amount payable in installment payments. If no, contact the local USDA office to obtain the pertinent information. A list of the local USDA offices is available at www.fsa.usda.gov. Click on “contact us” in the tool bar. On the next screen, scroll down to the heading, “County Offices” and click on “Locate the Service Center closest to you.” (b) Subtract from the total (10 year) amount due in installment payments the amount for all installment payments that the quota holder has already received or has assigned to a third party. (c) Apply the current month CCC maximum discount rate in effect to the installment payment balance remaining on the USDA contract. To obtain the monthly discount rate for each month in the current year, go to the USDA’s website at www.fsa.usda.gov. On the home page, click on “more” to the right of “News Releases: and scroll down to find the specific monthly release entitled, “USDA Announces CCC Lending Rates for (select month needed). To find monthly rates for previous years, on the home page enter the year in the “View News Releases by Year” field, and scroll down to the specific monthly release. Click on the item to open it. (d) To compute the discounted amount, subtract the CCC discount rate for the current month from 100 percent. Multiply the total amount due in installment payments times the remaining percentage. Example: Ms. Jade applied for Medicaid on 09/15/2008. During the interview, she provided a copy of her CCC-960 document, indicating a notification date of 01/04/2005, and states she has 6 installment payments remaining since she has received 4 payments. The contract total is for $8,888.00. 38