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367 (07/2026) Chapter 2:Eligibility • Section 5: Financial eligibility Note: For HSD medical programs, an additional step needs to be taken when coding this income. If the individual has proof they are working with the RARE program as an AmeriCorps participant (they will have a letter from the University of Oregon program with this information), please take the following steps after coding the income as indicated above: • Code the full amount of RARE income as instructed above. • Code the full amount of the RARE income as a deduction on the MAGI Deduction screen as “Other allowable tax deduction/expense.” Enter a case note that the system does not allow you to indicate that the RARE income is from AmeriCorps. As a result, you had to list the income as a MAGI deduction so that it wouldn’t be considered in the MAGI income calculation. For all programs except OSIPM and MSP: • With proof of AmeriCorps participation, exclude the RARE living allowance (stipend benefits).. • Without proof of AmeriCorps participation, count the RARE living allowance (stipend benefits) as earned income. For OSIPM and MSP, RARE living allowance is excluded regardless of funding source. Note: Ask each RARE participant to provide a copy of the AmeriCorps contract before excluding the stipend income. Oregon Administrative Rule(s) 461-140-0010 — Assets; Income and Resources 461-145-0365 — National and Community Service Trust Act (NCSTA), including AmeriCorps

(other than AmeriCorps VISTA) 410-200-0015 (54) and (55) — General Definitions 414-175-0035 — Specific Financial Requirements 414-175-0030 — General Financial Eligibility Real property Manufactured, mobile homes, and floating homes and houseboats are treated the same as real property. Real property is land, buildings and whatever is erected or affixed to the land and taxed as real property. The participant has the burden of proof of establishing the fair market value of real property. Fair market value may be established by any method that accurately reflects the fair market value of the real property, including having an appraisal or comparative market analysis performed by an impartial individual who is certified or licensed in the applicable jurisdiction. The key to determining fair market value is making sure the value you arrive at is the most accurate one. A current market value given by a tax assessor is a good starting point. When reviewing tax assessor records, be sure not to confuse reduced (or “assessed”) property values with values that are supposed to reflect the current value; “real market value” is the term used in Oregon.