Hud Section 3 Requirements

Grantees and contractors ensure that to the greatest extent feasible when certain hud funds are.
Hud section 3 requirements. The section 3 program requires that recipients of certain hud financial assistance to the greatest extent feasible provide job training employment and contracting opportunities for low or very low income residents in connection with projects and activities in their neighborhoods. Requirements of section 3 apply to all pih programs regardless of the amount of assistance received from hud. The section 3 program requires that recipients of certain hud financial assistance to the greatest extent possible provide training employment contracting and other economic opportunities to low and very low income persons especially recipients of government assistance for housing and to businesses that provide economic opportunities to low and very low income persons.
Section 3 covers the expenditure of any portion of those funds for any activity. Section 3 of the housing and urban development act of 1968 ensures that employment training and contracting generated by certain hud funding shall to the greatest extent feasible be directed to low and very low income persons particularly recipients of federal housing assistance and to businesses that substantially employ those persons 24 cfr 135 1 the preference provided is based on income and location. Per this statutory language recipients of hud funds i e.
Ensuring that the section 3 clause found at 24 cfr part 135 38 must be included verbatim. Section 3 is a provision of the housing and urban development hud act of 1968 that helps foster local economic development neighborhood economic improvement and individual self sufficiency. The requirements of section 3 apply to recipients of hud housing and community development funding exceeding 200 000.
The section 3 requirements apply to recipients of housing and or community development assistance exceeding 200 000 combined from all sources in any one year. Notify residents and business about employment training and contracting opportunities facilitating employment and training opportunities to section 3 residents and contracting opportunities to section 3.