Inaccessible Resources
(01/01/2024 - 12/31/2024)
Inaccessible resources are those that have a cash value and are not available to the participant. Inaccessible resources include, and are not limited to, any of the following:
Ownership that is being disputed or is undecided, as in divorce proceedings or in probate.
For CA, land on Tribal Land is an inaccessible resource.
For NA, inaccessible resources include resources of a participant who resides in a domestic violence shelter(g) when any of the following apply:
The resource is jointly owned with a participant of the former budgetary unit containing the nonparticipant who abused them.
Access to the resource depends upon the agreement of the nonparticipant who abused them or when obtaining the resource would reveal the participant's whereabouts.
Resources the participant is unable to sell for any significant return. This applies to a resource that meets one of the following:
Has an equity value(g) of less than one half of the applicable NA Resource Limit.
When sold would generate less than one half of the applicable NA Resource Limit amount to the participant after all costs of selling the resource are subtracted from the equity value.
A nonliquid asset that meets one of the following:
The participant has sold but the title has not yet been legally transferred.
Has a lien against it and the participant is prohibited, by the lien, from selling. This applies only to loans taken out for business purposes where non-business resources are used as collateral.
Notes receivable that cannot be easily and quickly liquidated. (See Joint Ownership - Restrictive Legal Conditions and Sales Contracts or Notes for more information.)
Deposits on rental properties or utilities.
American Indian lands held jointly with the tribe.
American Indian lands that can be sold only with the approval of the Bureau of Indian Affairs (BIA).
Empowerment Scholarship Account (ESA).
When a resource is determined unavailable or inaccessible, document why the resource is unavailable in the case file(g). Key the OX Resource Type Code in the ACCT TYPE field on FIAC.