How do I account for periods of unemployment for seasonal workers?
If a homebuyer’s income is seasonal in nature and he/she received unemployment compensation during the previous year, include the amount of unemployment compensation received in the “Prior Year Total Income” field under the “Inconsistent Income” calculation and provide all required documentation. Please note that a household may not be enrolled in the Home$tart Program if either the homebuyer or co-buyer is currently receiving unemployment benefits. Therefore, please enroll homebuyers with periods of seasonal employment and unemployment throughout the course of the year only during periods of active employment.
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