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EXHIBIT D <br />ASSETS <br />A. Assets That Should Be Considered <br />& Assets That Should Not Be Considered <br />1. <br />Savings accounts and the average 6 -month balance <br />1. <br />Necessary personal property, except as noted in 10. <br />of checking accounts. <br />2. <br />Interest in Indian trust lands. <br />2. <br />Stocks, bonds, savings certificates, money market <br />funds, and other investment accounts. <br />3. <br />Assets that are a part of an active business or <br />farming operation. (Note: Rental properties are <br />3. <br />Equity in real property or other capital <br />considered personal assets unless real estate is the <br />investments. Equity is the estimated current <br />applicant's main occupation.) <br />market value of the asset less. the unpaid balance on <br />all loans secured by the asset and reasonable costs <br />4. <br />Assets not accessible to the family and that. provide <br />(such as broker fees) that would be incurred in <br />no income for the family. For example, an abused <br />selling the asset. Under HOME and SHIP, equity <br />spouse who Legally and jointly owns a house but (1) <br />in the family's primary residence is not considered <br />does not live is the house; (2) receives no income <br />for home owner repair programs. <br />from ownership of the house; and (3) has no ability <br />to sell the house. <br />4. <br />The value of land, In excess of land allowable for <br />housing production is an asset. (SHIP Program <br />S. <br />Vehicki specially equipped for the handicapped. <br />ONLY <br />6. <br />Equity in owner -occupied cooperation and <br />S. <br />Cash value of trusts that are available to the <br />manufactured homes in which the family lives. <br />household. <br />7. <br />Assets held in applicants' name but which are <br />6. <br />IRA, Keogh, and similar retirement savings <br />actually owned by someone else. <br />accounts, even though withdrawal would result in a <br />penalty. <br />a. Asset and income from asset accrue to someone <br />else. <br />7. <br />Contributions to company retirement/pension <br />b. The other person is responsible for paying taxes <br />foods that can be withdrawn without retiring or <br />on income. <br />terminating employment. This amount would be <br />c. .Not to be confused with joint ownership. <br />reduced by any penalty for early withdrawal. <br />L <br />Cash value of life insurance policies. <br />8. <br />Assets that, although owned by more thin one <br />person, allow unrestricted access by the applicant. <br />9. <br />Lump -sum receipts, such as inheritances, capital <br />gains, lottery winnings, insurance settlements, and <br />other claims. <br />10. <br />Personal property held as an investment such as <br />gems, jewelry, coin collections, antique cars, etc. <br />11. <br />Assets disposed of for less than fair market value <br />during two years preceding certification or <br />recertification. <br />ICF INCORPORATED IndOrn® Compttanao <br />Juty t 996 _ _ <br />