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SECTION 3 Required Contractor Forms For Rockford Housing Authority 223 South Winnebago Street Rockford, IL 61102These forms are specific to the implementation of the RNA Section 3 Policy per the 24
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What is section 3 policy?
Section 3 policy refers to regulations that ensure that economic opportunities generated by certain federal funding are directed to low and very low-income individuals or to business concerns that provide employment and other economic opportunities to these individuals.
Who is required to file section 3 policy?
Entities that receive federal funding for housing and community development programs are required to file Section 3 policy, including public housing authorities, contractors, and subcontractors.
How to fill out section 3 policy?
To fill out Section 3 policy, entities should provide specific information about the activities they will undertake to provide job training, employment, and contracting opportunities to Section 3 residents, along with documentation of their outreach efforts.
What is the purpose of section 3 policy?
The purpose of Section 3 policy is to ensure that individuals in low-income areas benefit from federal funding by providing them with opportunities for employment and economic advancement.
What information must be reported on section 3 policy?
The Section 3 policy must report information such as the number of jobs created, the number of Section 3 residents hired, the types of contracts awarded, and outreach efforts undertaken to involve Section 3 residents and businesses.
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