Student, Liquid Asset, and Homeownership Restrictions at 30Pearl
To meet program guidelines at 30Pearl, the following restrictions apply:
To be eligible, households may not include full-time students over the age of 18, unless the student(s) can meet one of the following exceptions:
- Exceptions to full-time student restrictions:
- Have a dependent child(ren).
- Receive assistance under Title IV of the Social Security Act, also known as Temporary Assistance to Needy Families (TANF).
- Are enrolled in a job training program receiving assistance under the Workforce Investment Act or under a similar federal, state, or local program.
- Were previously under the care and placement responsibility of the State agency (Foster Care)
- Students are married and entitled to file a joint tax return
To be eligible, households may not include part-time students over the age of 18, unless the student(s) can meet one of the following exceptions:
- Exceptions to part-time student restrictions:
- Meets any exception for full-time students as listed above
- 24 years of age or older.
- Veterans of the U.S. military.
- Persons with a disability.
- Living with a parent who is determined to be eligible.
Liquid Asset Restrictions
To be eligible, households’ liquid assets may not exceed $55,000 ($50,000 for the independent living program.) A liquid asset is defined as cash on hand, or any asset that can be readily converted to cash. Applicants over the age of 55 or persons with a disability may apply for a waiver to this limit.
To be eligible, household members cannot currently own a property that can be legally resided in.