CARES Act: Funds and Unemployment
Household stimulus payments of up to $1,200, which is technically an advance tax credit, and the temporary $600 per week federal enhancement to unemployment insurance provided by the CARES Act
are not to be included in calculations of income. However, HUD notes that regular payments of unemployment insurance (issued by the state) are treated as income, as is customary under program rules.
This means that HUD Multifamily is treating the additional $600 as part of the stimulus payment and not counting it as annual income.