TN 66 (05-11)

A. Policy on home ownership and in-kind support and maintenance (ISM)

1. ISM

The Value of the One-Third Reduction (VTR) never applies when a beneficiary is in his or her own household. Any ISM the beneficiary receives is subject to the Presumed Maximum Value (PMV) rule.

2. Home ownership for beneficiary living in own household

A beneficiary is living in his or her own household when any form of ownership of the home belongs to:

• the beneficiary;

• his or her living-with eligible spouse; or

• any person whose income may be deemed to him or her.

B. Procedure for documenting an allegation of home ownership

1. Initial claims

1. Accept an individual's allegation of home ownership on an application unless:

   • there is some indication to the contrary; or

   • he or she is a child under age 18, who is not living with his or her parent(s).

2. If you cannot accept an allegation, for development and documentation of home ownership, see SI 01130.100C.

2. Posteligibility

1. Accept an individual's allegation of home ownership unless:

   • the allegation is inconsistent with information on the supplemental security record (SSR);

   • the beneficiary moved and alleges ownership of the new residence; or

   • there is a report of a change in ownership.

2. If you cannot accept an allegation, follow instruction in SI 01130.100C.

C. Reference

For additional information on home ownership:

SI 01110.515, Ownership in Fee Simple or Less Than Fee Simple