Effective Date: November 1, 2021
No Previous Policy
Do not count income from any source given to an individual to replace or repair lost, damaged, or stolen property.
Do not count payments received for temporary housing and living expenses, if the individual intends to use the money to actually pay for temporary housing and living expenses. If part of the money for temporary housing or living expenses is not going to be used to pay for the temporary housing or living expenses, that amount counts as income. Do not count the interest earned on the payment as income.
An insurance company may pay an amount up-front for so many days of temporary housing or living expenses or a set amount per incident. If it is clear that the amount the individual receives is not all needed for the temporary housing or living expenses, count the amount which is not needed as income. If it is not clear whether the amount the individual receives is all needed for the temporary housing or living expenses, do not count any as income.
If the payments are received for a loss that is due to a federally declared disaster, do not count any of the payments received.