MR #11.20: Increase in Asset Limit for Qualifying Member SNAP Units with Income Over 200% FPL, or with IPV or Sanctioned Unit Members

MR #11.20: Increase in Asset Limit for Qualifying Member SNAP Units with Income Over 200% FPL, or with IPV or Sanctioned Unit Members

Summary:

• Effective October 2011, Federal law provides for an increase in the asset limit from $3,000 to $3,250 for SNAP units with a qualifying member.
• The $3,250 asset limit only applies to qualifying member SNAP units whose gross income exceeds the 200% Federal Poverty Level (FPL), or qualifying member units with a member sanctioned for an intentional program violation, or sanctioned for failure to comply with a work provision.  These household are not categorically eligible for SNAP.
• The asset limit remains unchanged at $2,000 for all other noncategorically eligible SNAP units.

Reminder - Assets are not needed for most SNAP units.