Current through Register No. 40, October 3, 2024
(a) For the adult
categories of financial assistance, real property resources shall be treated as
follows:
(1) The home occupied by the
individual shall not be counted when determining eligibility for adult
categories of financial assistance;
(2) An unoccupied home shall not be counted
during periods of temporary absence such as short term hospitalization or
institutionalization;
(3)
Income-producing property shall not be counted;
(4) Any real property not otherwise excluded
shall not be counted if it is necessary as the residence for the individual's
spouse, minor child, or disabled child;
(5) One burial plot per assistance group
member shall not be counted; and
(6) The equity value of real property which
is not specifically excluded above shall be counted as a resource when
determining eligibility for adult categories of financial assistance.
(b) For adult categories of
financial assistance, the assistance group shall take action to dispose of the
property within 6 months of being notified by the department of health and
human services (DHHS) that the property must be liquidated, and:
(1) The equity value of the property shall
not be counted during the disposal period; and
(2) The disposal period shall be extended as
long as:
a. The individual verifies that
action has been taken to sell the property and that there are valid reasons for
inability to sell the property; or
b. The individual's hospitalization or
institutionalization, although long term, is not expected to be permanent and
it is likely that the individual will return to the home.
(c) If disposal does not occur
within the disposal period, as specified in (b) above, financial assistance
shall be denied or terminated.
(d)
For the FANF category of financial assistance, disposal of real property shall
be treated as follows:
(1) The assistance
group shall take action to dispose of the property within 6 months of being
notified by DHHS that the property must be liquidated;
(2) Individuals shall have an additional 3
months to dispose of excess unoccupied real property, when the individual
verifies that he or she has made a good faith effort to sell the
property;
(3) The equity value of
the property shall not be counted during the disposal period described in (1)
and (2) above; and
(4) When the
property is sold, the net proceeds from the sale of the property shall count as
a lump sum resource.
(See Revision Note at Chapter Heading He-W 600) #5171,
eff 6-26-91; ss by #6531, INTERIM, eff 6-27-97, EXPIRED: 10-25-97; ss by #6614,
eff 10-24-97; ss by #8452, eff 10-22-05; amd by #8865, eff 4-13-07; ss by
#9136, eff 4-22-08
The amended version of this section by
New
Hampshire Register Number 37, eff.
8/16/2024 is not yet
available.
