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Section 3 Program A 1968 Housing and Urban Development Act Section 3 Plan / Contractor Orientation Guide To ensure that employment and economic opportunities generated by certain HUD financial assistance

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What is section 3 plan contractor?

Section 3 plan contractor refers to a contractor who is participating in a project that receives funding from the Department of Housing and Urban Development (HUD) and is required to comply with the regulations set forth in Section 3 of the Housing and Urban Development Act of 1968.

Who is required to file section 3 plan contractor?

Any contractor that is awarded a contract or subcontract for a project funded by HUD and meets the criteria outlined in Section 3 of the Housing and Urban Development Act of 1968 is required to file a section 3 plan.

How to fill out section 3 plan contractor?

To fill out the section 3 plan contractor form, the contractor needs to provide information about their efforts to provide training, employment, and contracting opportunities to low-income individuals and the businesses owned by them. The form typically requires details on the contractor's outreach efforts, training programs, hiring practices, and subcontracting opportunities.

What is the purpose of section 3 plan contractor?

The purpose of the section 3 plan contractor is to promote the employment and economic opportunities for low-income individuals and the businesses owned by them in connection with projects receiving funds from HUD. It aims to ensure that the benefits of HUD-funded projects are shared with the local community.

What information must be reported on section 3 plan contractor?

The information that must be reported on the section 3 plan contractor includes details about the contractor's efforts to hire and train low-income individuals, the percentage of their workforce comprised of section 3 residents, the amount of contracts and subcontracts awarded to section 3 businesses, and the steps taken to provide economic opportunities to section 3 residents and businesses.

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