Sale of Home Proceeds and Insurance Payments & Repairs

How are the proceeds from the sale of the home property or an insurance payment for home repairs considered in determining eligibility

Absence from the Home: Temporary vs Permanent

Determining whether an absence is temporary or permanent.

Countable In-Kind Income

Explanation of Countable In-Kind Income

How to Code Home Property Information in FACS

Instructions on entering home property information on the resource tab in FACS.

Home Property Exemption and Adjacent Properties

317:35-5-41.1 (b) The home exemption goes to the primary residence. That extension also covers adjacent properties. “Adjacent” is defined as the property lines touch even if there is an easement, road, creek or anything similar that separates the properties. Examples of adjacent properties shown here. The adjacent properties in addition to the home property; are […]

UpdatedProperty

Home property – a home is defined as any shelter in which the individual has an ownership interest and which is used by the individual as his/her principal place of residence.  The home may be either real or personal property, fixed or mobile.  Home property includes all property which is adjacent to the home. Policy regarding […]

Home Property with Equity < the Maximum Home Equity Standard

317:35-5-41.8 (a)(3)(F) Equity < the Maximum Home Equity Standard If individual intends to return home property it may be excluded as a countable resource up to 12 months from date of entry into ICF. The home property continues to be an exempt resource if one of the following lawfully resides in the home. Spouse Own […]

Home Property with Equity > the Maximum Home Equity Standard

Home Property Explanation

Home Property Overview

Home Property Equity In determining eligibility for long-term care services applications filed on or after January 1, 2006, home property (which includes all property adjacent to the home ) is excluded from resources unless the individual’s equity interest in his or her home exceeds the Maximum Home Equity Standard. The home equity standard is located […]