LIHEAP HEATING ELIGIBILITY ASSISTANCE: ASSETS TEST 2020
NOTE: In addition to income, states may look at an applicant households' assets in determining financial eligibility for LIHEAP. The chart below lists eleven states that are currently using an assets test. Among the states, allowable assets range from a high of $25,000 to a low of $2,000. Several states allow higher assets for households with elderly members. States also have different definitions of assets. For more information on variations in assets tests, contact the LIHEAP Clearinghouse.
Arkansas
| 2020 |
Higher maximum assets for elderly households. Applications are mailed to eligible SNAP households where elderly or persons with a disability reside. |
Connecticut
|
2020 |
The liquid asset limit is $15,000 for homeowners and $12,000 for all other households. Households, whose liquid assets exceed the appropriate limit, may still be eligible for energy assistance if the household’s annual gross income, when added to the excess liquid assets is within the income guidelines. |
Kentucky
|
2020 |
ETotal liquid assets cannot exceed:
1.) $2,000;
2.)$3,000, if at least one person in the household is a) age sixty (60) or older; or b) disabled; or
3.)$4,000, if a member of the household has an illness which requires liquid resources to be accessed regularly for living and medical expenses. |
Missouri
|
2020 |
Each household's resources may not exceed $3,000. |
Montana
|
2020 |
$10,931 for a single person, $16,400 for a two-person household. Add $1,094 for each additional member up to $21,870 maximum per household. |
North Carolina
|
2020 |
Assets limit of $2,250. Ineligible aliens' assets shall be countable toward the household's total $2,250. No assets test for crisis. |
Oklahoma
|
2020 |
Liquid resource limit for LIHEAP households. This includes bank accounts, cash on hand, CDs, and other investments that can be accessed without penalty to the household. |