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CITY OF TAMARAC
SECTION 3 RESIDENT CERTIFICATIONSection 3 is the legislative directive from the U.S. Department of Housing and Urban Development (HUD)
for providing preference in new employment, training,
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What is section 3 - economic?
Section 3 - Economic refers to a specific part of policy or regulation that outlines the economic standards or requirements that certain organizations or entities must adhere to, particularly in relation to federal funding and programs.
Who is required to file section 3 - economic?
Organizations that receive federal financial assistance for projects related to housing and urban development are required to file Section 3 - Economic to demonstrate compliance with economic opportunities for low- and very-low-income individuals.
How to fill out section 3 - economic?
To fill out Section 3 - Economic, organizations must provide information regarding their efforts to ensure that low- and very-low-income individuals are employed and that economic opportunities are provided, along with any relevant data about these efforts.
What is the purpose of section 3 - economic?
The purpose of Section 3 - Economic is to promote economic opportunities for low- and very-low-income persons, particularly in relation to projects funded by federal assistance, ensuring that these communities benefit from such funding.
What information must be reported on section 3 - economic?
Organizations must report information on the number of jobs created, training opportunities provided, contracts awarded to Section 3 businesses, and the overall impact on the economic well-being of the targeted communities.
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