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355 (07/2026) Chapter 2:Eligibility • Section 5: Financial eligibility Income as Dividends/Interest/Capital Gains: Capital Gains. Any portion of the housing or utility expenses paid with the housing allowance are not allowable expenses. Motor vehicle The value of disability-related apparatus, optional equipment or low mileage is not considered in determining the fair market value of an automobile, truck, or van. The fair market value of an automobile, truck, or van is presumed to be the “average trade-in value” established in the National Automobile Dealers Association’s (NADA) Used Car Guide, Kelley Blue Book, J.D. Power, or similar publication. An individual may rebut the presumption with a statement from a car dealer, mechanic, or other reliable source. If the vehicle is not listed in the NADA Used Car Guide, Kelley Blue Book, or a similar publication, the estimate of the value by the individual may be accepted unless it appears questionable, in which case additional evidence of the value is required. For REF, REFM, SNAP and TANF, exclude up to $10,000 equity value of all licensed and unlicensed motor vehicles. Count the remaining equity value as a resource. For SNAP, this is only done if the filing group is not categorically eligible. Note: The ONE system performs calculations to apply the $10,000 total equity value exclusion for vehicles on REF, REFM, SNAP, and TANF programs when the worker enters the vehicle as a resource. Workers no longer need to perform manual calculations outside of the system. For EA and ERDC, exclude all motor vehicles. For OSIPM: • Exclude the total value of a vehicle selected by the financial group if it is used for transportation of the individual or a member of the individual’s household. • For purposes of calculating the community spouse resource allowance, an additional vehicle owned by the community spouse can be excluded if all of the following are true: • The community spouse does not live with the institutionalized spouse. • The vehicle is used for transportation of the community spouse. • Each vehicle is kept at each spouse’s respective place of residence. • Count the total equity value of all other vehicles as a resource. For OSIPM-EPD, if a vehicle was purchased as an employment and independence expense (see OAR 461-001- 0035), or with monies from an approved account, exclude the total value of the vehicle. For HSD medical programs, resources are not considered in eligibility determination. Oregon Administrative Rule(s) 461-145-0360 — Motor Vehicle 461-145-0433 — Recreational Vehicles 414-175-0035 — Specific Financial Requirements Determining the resource value of motor vehicles