N.M. Admin. Code § 8.102.510.13 - ELIGIBILITY DETERMINATION
A.
Determination: After determining what property is available to the benefit
group and determining the value of that resource, the net value of the
countable real and personal property exceeds resource limits, the benefit group
shall be ineligible for assistance on the basis of need. The benefit group
shall remain ineligible on the condition of need for as long as the value of
the property exceeds the resource standards. The basis of need is determined
by:
(1) what property is available to the
benefit group;
(2) the value of all
available resources;
(3) what the
net value of all countable real and personal property.
B. Receipt of resources: Resources acquired
by a benefit group member after approval of an assistance grant shall be
evaluated for purposes of financial assistance eligibility at the time of the
change. Reporting requirements as indicated in Subsection D of
8.102.630.8 NMAC apply. If
ownership or availability of resources makes the benefit group ineligible,
assistance is terminated effective the month following the month the notice of
adverse action expires.
Notes
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