RCA ASSET LIMITS
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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