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SECTION 3 POLICY SUITABLE OF CONTENTS
General Policy Statement ........................................................................................................... 3
Purpose ......................................................................................................................................
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What is section 3 plan a?
Section 3 Plan A refers to a specific framework established under the U.S. Housing and Urban Development (HUD) regulations to promote economic opportunities for low- and very low-income persons, particularly those receiving government assistance.
Who is required to file section 3 plan a?
Entities that receive federal financial assistance from HUD or are subject to Section 3 requirements, such as public housing authorities and developers of HUD-funded projects, are required to file Section 3 Plan A.
How to fill out section 3 plan a?
To fill out Section 3 Plan A, one must provide information on efforts to engage and provide opportunities to low- and very low-income individuals and communities, including strategies for hiring and contracting.
What is the purpose of section 3 plan a?
The purpose of Section 3 Plan A is to ensure that economic opportunities arising from HUD-funded projects are directed to low- and very low-income individuals, thereby supporting community development and fostering economic self-sufficiency.
What information must be reported on section 3 plan a?
Section 3 Plan A must report goals for employment and contracting opportunities, the methods used to engage Section 3 residents and businesses, and the outcomes of these efforts, including the number of hires and contracts awarded.
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