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(This Policy Directive Replaces PD #15-19-ELI)
This policy directive has been revised to inform staff of the following changes in the Cash Assistance (CA) vehicle resource exemption and lump sum set aside policies effective May 16, 2016:
- The amount exempted for the first vehicle is up to $10,000 of the fair market value (FMV) regardless of whether it is used to seek or retain employment or to travel to and from a work activity;
- The set-aside policy for lump sums will allow up to $10,000 as a set-aside when the funds are used within 90 days to purchase an automobile that is needed to seek or retain employment or to travel to and from work activities.
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