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ISSUE DATE: 01/2017

An applicant unit's counted assets cannot exceed $10,000.

A participant unit's assets cannot exceed $10,000.

Follow MFIP policy in determining countable assets, see 0015.01 (Counted Assets).

Count the assets of an ineligible spouse toward the asset limit of the RCA applicant/participant, see 0015.48 (Whose Assets to Consider).

Do not count:

Any assets remaining in the applicant’s country of origin.

Any Initial Refugee Resettlement Funds paid in cash to refugees.

Any Initial Refugee Resettlement Funds vendor paid by local resettlement agencies to 3rd parties on behalf of refugees, see INITIAL REFUGEE RESETTLEMENT FUNDS in 0002.33 (Glossary: Independent…), 003.01 (Local Resettlement Agencies).

Do not consider a U.S.Tie’s assets accessible to a refugee solely because the person is serving as a sponsor U.S.Tie. For information about US Ties, see 0002.71 (Glossary: Two Party...), 0030 (Refugee Assistance Programs).

Verify all countable assets. Follow MFIP policy in 0010 (Verification).

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