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STATE OF ILLINOIS COMMUNITY DEVELOPMENT BLOCK GRANT (CBG) PROGRAM SECTION 3 PLANTable of Contents Overview .........................................................................................................................................................
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What is wwwhudexchangeinfofaqsprogramswhen is section 3?
Section 3 is a provision of the Housing and Urban Development (HUD) Act of 1968 that requires recipients of certain HUD funding to provide job training, employment, and contracting opportunities for low-income residents in the area where the funding is spent.
Who is required to file wwwhudexchangeinfofaqsprogramswhen is section 3?
Recipients of certain HUD funding, such as developers, contractors, and subcontractors, are required to comply with Section 3 requirements.
How to fill out wwwhudexchangeinfofaqsprogramswhen is section 3?
To fill out Section 3, recipients of HUD funding must ensure that they are providing training, employment, and contracting opportunities to low-income individuals in the designated area. They must also report on their compliance with Section 3 requirements.
What is the purpose of wwwhudexchangeinfofaqsprogramswhen is section 3?
The purpose of Section 3 is to ensure that economic opportunities generated by HUD financial assistance are directed to low-income individuals and the businesses that employ them, thereby promoting local economic development.
What information must be reported on wwwhudexchangeinfofaqsprogramswhen is section 3?
Recipients of HUD funding must report on the number and types of job training, employment, and contracting opportunities provided to low-income individuals, as well as any challenges faced in complying with Section 3 requirements.
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