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Expansion of the Rental Subsidy Policy for SSI Applicants and Recipients

SSA has finalized their proposed regulation to apply the In-Kind Support and Maintenance (ISM) rental subsidy exception to all states.

Date:

Statement from SSA: 

We are finalizing our proposed regulation to apply nationwide the In-Kind Support and Maintenance (ISM) rental subsidy exception that has until now been available only for SSI applicants and recipients residing in seven States. This final rule provides that a “business arrangement” exists, such that the SSI applicant or recipient is not considered to be receiving ISM in the form of room or rent, when the amount of monthly required rent for the property equals or exceeds the presumed maximum value (PMV).

This final rule will be effective September 30, 2024.

Reference Link

Federal Register - Final Rule