Making Sense of Household Assets: How to Navigate Four Common Areas of Confusion

When certifying or recertifying household income, knowing how to count assets properly is an area that often throws site staff. It can be tricky, but understanding when to treat an item as income or an asset is essential—counting an item as an asset when it's not may lead you to falsely disqualify a household for being over-income, or you may inadvertently certify an ineligible household, jeopardizing your site's tax credits.