751-1          ATAPAlaska Temporary Assistance Program RESOURCE LIMIT

A family or child will not be eligible for TATemporary Assistance if they have non-exempt resources in excess of $2,000, or $3,000 if the assistance unit includes a person who is 60 or older.  Certain types of real and personal property are exempt.  Exempt resources are not counted against the resource limit.  Non-exempt, or countable, resources are those which must have their value totaled and matched against the appropriate resource limit to determine if eligibility exists on the factor of resources.  The resource limit can be reached by any combination of the following types of resources:

1. Cash on hand or deposit; 

2. The equity value of countable motor vehicles, boats, and snow machines; 

3. Countable non-cash personal property such as cash or loan value of insurance, value of stocks and bonds, limited entry permits, etc.; 

4. Countable real property other than the home the family lives in and the land the home sits on; and 

5. Luxury items, personal or household, such as coin collections.