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Southern Nevada Regional Housing Authority Section 3 PolicyB1h (iii)Southern Nevada Regional Housing Authority Section 3 PolicyTABLE OF CONTENTS Introduction .......................................................
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Section 3 program refers to a provision of the Housing and Urban Development Act of 1968 that aims to ensure that employment and other economic opportunities generated by certain HUD financial assistance are directed to low- and very low-income persons.
Recipients of HUD financial assistance are required to file section 3 program.
To fill out section 3 program, recipients must provide information on the number of new hires that are low- and very low-income individuals, training programs offered to such individuals, and other economic opportunities provided.
The purpose of section 3 program is to ensure that economic opportunities created by HUD funding go to those who need it most, namely low- and very low-income individuals.
Information such as the number of new hires that are low- and very low-income individuals, training programs offered, and other economic opportunities provided must be reported on section 3 program.
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