Asset Limits in Public Assistance Programs

For many low-income families, slight changes in their financial circumstances can have dramatic consequences on their wellbeing. Missing a rent payment when hours at work are cut, missing meals when winter comes to pay for heat instead, or missing an opportunity to move to a safer neighborhood because there isn’t money for a security deposit. In these situations, even a small amount of additional resources can make the difference between getting by, falling behind, or getting ahead.

This policy statement argues that asset limits in public assistance programs undermine family's pursuit of financial stability and self-sufficiency by limiting their access to these resources. You can find a copy of this document here.


Asset Limits in Public Assistance Programs


Rachel Black is a senior policy analyst in the Asset Building program at New America. In this role, she leads research, analysis, and public commentary around a portfolio of issues devoted to creating a more equitable public policy approach to increasing financial security and inclusion.