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B-7 2012 Grantee Handbook PRINT U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT REPORT OF ADDITIONAL CLASSIFICATION AND RATE 1. FROM (name and address of requesting agency) HUD FORM 4230A OMB Approval
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HUD Form 4230A is a form used by the Department of Housing and Urban Development (HUD) for reporting the use of Section 3 funds on eligible projects.
Contractors and subcontractors who receive Section 3 covered assistance from HUD are required to file HUD Form 4230A.
To fill out HUD Form 4230A, contractors and subcontractors must provide information on the amount of Section 3 covered assistance received and demonstrate compliance with the Section 3 requirements.
The purpose of HUD Form 4230A is to ensure that contractors and subcontractors who receive Section 3 covered assistance comply with the Section 3 requirements, which aim to provide job training, employment, and contracting opportunities for low-income individuals.
HUD Form 4230A requires reporting on the amount of Section 3 covered assistance received, the number of new hires, the number of Section 3 subcontractors used, and the training and contracting opportunities provided to Section 3 residents.
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