FAA6.N Examples : 22 Cash Assistance Resource Determination (AFRD) Examples : C Sale or Transfer of Resources (CA) Example
C Sale or Transfer of Resources (CA) Example
 
The participant sold their piece of property valued at $10,000 for $1,000. The budgetary unit consists of three participants.
 
 
$10,000
Equity in the resource
Minus:
- $1000
Actual amount received
 
$9000
Equity consideration
 
 
 
 
$9000
Equity consideration
Divided by:
/ $964
A1 Need Standard for three participants
 
9
Months Penalty Period