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Case 3:10-cv-01702-B Document 1 Filed 08/27/10-Page 1 of 6 Paged 1 IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION VAX Ltd., INC., A NEVADA CORPORATION, PLAINTIFF,
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What is section 3 strategy form?
Section 3 strategy form is a document that outlines a company's plan to provide job training, employment opportunities, and other benefits to low-income individuals or specific groups as required by the Department of Housing and Urban Development (HUD).
Who is required to file section 3 strategy form?
Companies that receive federal financial assistance for housing and community development projects, such as contracts or grants from HUD, must file section 3 strategy form.
How to fill out section 3 strategy form?
To fill out section 3 strategy form, companies need to provide information about their existing programs or plans to comply with the section 3 requirements, including details on job training opportunities, local hiring efforts, and other initiatives that promote economic opportunities for low-income individuals.
What is the purpose of section 3 strategy form?
The purpose of section 3 strategy form is to ensure that federal funds allocated for housing and community development projects benefit low-income individuals and targeted groups by creating employment and training opportunities.
What information must be reported on section 3 strategy form?
Section 3 strategy form requires companies to report on their efforts to hire and provide training to low-income individuals or specific groups, details on subcontracting opportunities, and any outreach and recruitment efforts aimed at these target populations.
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