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Section 3 Program A 1968 Housing and Urban Development Attention 3 Plan / Contractor Orientation Guide “To ensure that employment and economic opportunities generated by certain HUD financial assistance
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Start by gathering all the necessary information about the contractor you will be working with.
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Who needs section 3 plan contractor?
01
Section 3 plan contractor is needed by organizations or businesses that receive federal funds from the Department of Housing and Urban Development (HUD).
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These organizations include housing authorities, community development agencies, and other entities that undertake construction projects or hire contractors for various development or rehabilitation activities.
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Having a section 3 plan contractor ensures that these organizations comply with the employment and economic opportunities requirements set forth by HUD to benefit low-income individuals and public housing residents.
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What is section 3 plan contractor?
Section 3 plan contractor is a requirement for recipients of HUD funding to ensure that economic opportunities generated by HUD financial assistance are directed to low-income residents and businesses in the area where the funds are being used.
Who is required to file section 3 plan contractor?
Recipients of HUD funding who are involved in housing construction, rehabilitation, or other public construction projects are required to file a section 3 plan contractor.
How to fill out section 3 plan contractor?
To fill out a section 3 plan contractor, recipients of HUD funding must include information regarding their efforts to provide training, employment, and contracting opportunities to low-income individuals and businesses.
What is the purpose of section 3 plan contractor?
The purpose of section 3 plan contractor is to promote economic opportunities for low-income individuals and businesses in areas that receive HUD funding, helping to reduce poverty and increase workforce participation.
What information must be reported on section 3 plan contractor?
Information that must be reported on section 3 plan contractor includes the number of new hires from low-income areas, the amount of contracts awarded to section 3 businesses, and the types of training programs offered to low-income residents.
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