|
|
Replacement of Exempt Property
Cash payments (including funds received for the purchase of temporary housing) or in-kind property replacements received to repair or replace exempt property that is lost, damaged, or stolen is considered exempt property in the month of receipt and for nine months from the month of receipt.
The client is entitled to the nine-month exclusion period, regardless of what he/she intends to do with the funds. Any of the cash that is not used to repair or replace exempt property will be countable property beginning with the tenth month. Interest earned from these exempt payments must be exempt as income and as a resource during the period in which these funds themselves are excluded resources.
Good Cause
Good cause may be granted to extend the initial nine-month period for a second nine-month period. Good cause exists when circumstances beyond a client's control prevent the repair or replacement of the exempt property. To qualify for an extension of the original nine-month period, the client must intend to use the funds for their designated purpose.
Good Cause for Replacement of Exempt Property
| If the client is... | Then the EW must... |
| Granted good cause, |
Extend the exclusion period up to an additional nine months, after discussing with the client how much additional time is needed and why. Count any unused cash in the property reserves in the month following the month in which the extension period ends. |
| Not granted good cause, | Include the unspent payments in the property reserve, beginning with the tenth month from the month of receipt. |
Verification
Any documentation which shows the source, value, dates and intended purpose of the item or cash received can be used as verification. If the client cannot provide the information required, the EW may obtain the information from the payor. Collateral information received through telephone contact is acceptable verification. A signed “Release of Information” (MC 220) must be obtained prior to the telephone call.
Related Topics