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EJIHBIT 0 <br />A. Assets That Should Be Considered <br />4 Assets That Should Not Be Considered <br />I. <br />Savings accounts sad the average 6 -month balance <br />1. <br />Necessary personal property, except as meted in 10. <br />of checking accounts. <br />2. <br />Interest in Indian trust lands. <br />2. <br />Stocks. bonds. savings certificates. money market <br />bads. and other investment accounts. <br />3. <br />Assets that aro a part of as active business or <br />farming operation. (Note: Rental properties aro <br />3. <br />Equity in real property or other capital <br />comsldwed personal utets amless real estate is the <br />imvestwels. Equity Is the estimated current <br />appliames main *=podem.) <br />market value of the asset inn the aopoid balance on <br />allies= secured by the asset and reasonable costs <br />d. <br />Assets mot accessible to the family and that provide <br />(such as broker fees) that we=ld be incurred is <br />no amuse for the family. For example, an abused <br />selling the asset Under HOME and SHIP. equity <br />spoons who legally sad jointly owns a house but (1) <br />is the family's primary residence is not assidered <br />does aot live h 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 ten the house. <br />4. <br />The value of land. M excess of load allowable for <br />bwiag production In an asset. (SHIP Program <br />S. <br />Vehicles specially equipped for the handicapped. <br />ONLY} <br />C <br />Equity in owner -occupied cooperation and <br />S. <br />Cash value of trusts that are available to the <br />menufaetured homm in which the family live. <br />household. <br />7. <br />Assets bold in eppliasts' name but which are <br />6. <br />IRA. Keegb. sad similar retirement savings <br />actually eamed 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 />bods that can be withdrawn without redriag or <br />on income. <br />terminating employment. This amount would be <br />c. Not to be confused with joist ownership. <br />reduced by any penalty for early withdrawal. <br />A <br />Cash valet of life insurance policies. <br />0. <br />Assets that. although owned by more than oat <br />person, allow unrestricted access by the applicant. <br />9. <br />Lump -tuna receipts. such as inheritances. capital <br />gains, lottery winnings6 insurance settlements. and <br />other Claims. <br />10. <br />Personal property held as on investment such as <br />gems, jewelry, coin collections, antique cars. eta <br />11. <br />Assets disposed of for less thea fair market value <br />during two years preceding certification or <br />recertification. <br />.Isslll t thtllfa <br />34 <br />