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Assets in Excess
Policy
Eligibility
April 19, 2004Hardship assistance issued under Assets in Excess is available only to the following categories of clients:
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family units with dependent children
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family units where all adults are over 65 or all adults have persons with persistent multiple barriers status
Hardship assistance may be issued under this category in cases where all of the following apply:
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undue hardship would otherwise occur
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the assets caused the family unit to be ineligible
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the assets are not immediately available to meet the family’s needs
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every effort has been made and continues to be made to gain access to the excess assets
[For information on asset exemption levels, see Related Links – Assets and Exemptions.]
[For an overview of hardship eligibility or the hierarchy of hardship categories, see Related Links - Eligibility for Hardship Assistance.]
Hardship assistance in this category is limited to three consecutive months during which time clients are expected to avail themselves of this excess asset. Once a family unit has received hardship assistance for three consecutive months without having availed themselves of this asset, they are not eligible for any additional hardship assistance in any of the duration limited categories for a period of three consecutive months.
Hardship assistance is provided on a temporary basis, for only one month. If further hardship assistance is required, eligibility must be re-established each month. All cheques will be automatically directed to the local office for a monthly review of eligibility.
The Supervisor may approve hardship assistance beyond the three months in exceptional situations only. These cases should be monitored closely and issued one month at a time.
Applicants with assets in excess must be advised upon application of the duration limits.
Hardship assistance issued under this category is repayable. [see Related Links - Recoveries]
Once the hardship reason no longer exists, cases must be re-assessed to determine if the family unit meets the eligibility criteria for income assistance or disability assistance.
