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If the gross income of the Kinship Care household exceeds 275% FPL, the case is ineligible for assistance (effective March 1, 2003). Resources The maximum amount of real and personal property in the TANF household cannot exceed $10,000. Excluded resources include: • Two vehicles. • Bona fide funeral agreements and one burial plot for each member of the TANF unit. • The home – including any contiguous land – that is the usual residence of the TANF unit that the head-of-household owns or is buying. • For 6 months, non-excludable real property that the family is making a good faith effort to sell. Good faith effort to sell is defined as any effort by the applicant/recipient to sell property for an amount within reason for the fair market value. Examples may be listing property with a real estate broker, placing advertisements, posting signs, and negotiating with prospective buyers. • Necessary non-liquid income-producing property to include stock, inventory, tools, equipment, and other non-liquid income-producing property that are usual and customary for a given trade, profession, or business. • Household goods and personal items. • All funds deposited to an Individual Development Account (IDA) and interest accrued on such funds until withdrawn. • Tax-preferred education accounts include Qualified Tuition programs described in Section 529 of the Internal Revenue Code of 1986 and Coverdell education savings accounts under Section 530 of the same code. This includes the Nevada Prepaid Tuition Program and the UPROMISE College Fund 529 Plan. • Other exemptions as provided by relevant state and federal law. Income Income is any type of payment that is a gain or benefit to the household. When determining eligibility, the type of income determines whether it is counted, disregarded or exempt. Income includes (not all inclusive): • Earned and unearned income, unless disregarded/exempt. • The value of a TANF household’s share of governmental rent or housing subsidy is counted as income up to $76. The following rent and housing subsidies are counted: o Housing and Urban Development (HUD) Section 8