Section 3 Reporting

All agencies that receive covered funds must submit a section 3 report to hud each year.

Section 3 reporting. The section 3 summary report shall follow the same program fiscal or calendar year as hcr s annual performance report and will correspond to the covered projects and activities that were administered during the reporting period. Pursuant to 24 cfr part 135 90 direct recipients of hud financial assistance should submit reports to hud for the purpose of determining the effectiveness of section 3. The reporting requirement applies to any project receiving home esgp or nsp funds from tdhca to lower tier contracts and to their subcontractors.

Hcr s section 3 annual summary report is intended to measure its efforts to comply with the statutory and regulatory requirements of section 3 in its own operations and those of covered awardees contractors and subcontractors. 60002 report form xls required for submission before final draw retainage release. Section 3 reporting overview.

The section 3 summary report shall follow the same program fiscal or calendar year as the annual performance report and should correspond to the covered projects and activities that were administered during the reporting period. The section 3 summary report shall follow the same program fiscal or calendar year as the annual performance report and should correspond to the covered projects and activities that were administered during the reporting period. Section 3 reports must be submitted by all agencies that receive community planning.

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. However your agency may be eligible to submit a streamlined section 3 report if it can certify to hud that the expenditure of the covered funding did not result in the creation of new employment training or contracting opportunities. Section 3 forms section 3 clause 24 cfr 135 38 code of federal regulations site must appear in all section 3 covered contracts.

Section 3 reporting instructions summary report this reporting requirement applies to any rpp or shdp project receiving home funds from nchfa in excess of 200 000 to contractors working on that project with contracts larger than 100 000 and to subcontractors.