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901.15 TANF MANUAL 7/24 Page 16b

G. Both parents in a TANF-UP household can participate in the RISE program as long as both meet all RISE eligibility requirements.

H. As long as all RISE eligibility requirements are met, regardless of the TANF case status (approved, closed, suspended), the Saver will have 24 months from the date of the account establishment to achieve the asset saving goal.

I. The intermediary will monitor all RISE program savers’ savings accounts.

J. The RISE program participant must agree to only use the saving account for purposes of participating in the RISE program and provide monthly bank statements to the Community Action Agency serving as the Intermediary.

K. RISE program participants must agree to use the match for its intended purposes. If the match payment is directly received by the saver and not used for its intended purposed, the payment will be considered a lump sum payment for TANF. The saver will also be terminated from the RISE program and will be required to return the match payment to VDSS.

TANF Transmittal 78