Memorandum February 5, 2002: Fact Sheets for Project-Based Assistance Programs
Assets Include:
HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs · 2026 edition · updated 2026-10-05 · United States
Stocks, bonds, Treasury bills, certificates of deposit, money market accounts
Individual retirement and Keogh accounts
Retirement and pension funds
Cash held in savings and checking accounts, safe deposit boxes, homes, etc.
Cash value of whole life insurance policies available to the individual before death
Equity in rental property and other capital investments
Personal property held as an investment
Lump sum receipts or one-time receipts
Mortgage or deed of trust held by an applicant
Assets disposed of for less than fair market value.
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