Get the free HCD Section 3 Utilization Tool - Recipient - HUD

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Grantee:Texas Flagrant:P17TX48HIM1July 1, 2019 through September 30, 2019, Performance Grant Number:Obligation Date:Award Date:Contract End Date:Review by HUD:P17TX48HIM1Grantee Name: Texas Submitted

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Who needs hcd section 3 utilization?

01

Individuals or organizations that are required to report on the utilization of Section 3 resources

02

Entities receiving funding or benefits from Housing and Urban Development (HUD) programs

03

Contractors or subcontractors involved in projects funded by federal housing programs

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What is hcd section 3 utilization?

HCD Section 3 utilization refers to the requirement for certain recipients of Housing and Urban Development (HUD) funding to provide job training, employment, and contracting opportunities to low-income individuals.

Who is required to file hcd section 3 utilization?

Recipients of HUD funding such as housing authorities, developers, and contractors who receive financial assistance for housing and community development projects are required to file HCD Section 3 utilization reports.

How to fill out hcd section 3 utilization?

To fill out HCD Section 3 utilization reports, recipients must detail the efforts made to comply with the Section 3 requirements, including providing job training, employment, and contracting opportunities to low-income individuals.

What is the purpose of hcd section 3 utilization?

The purpose of HCD Section 3 utilization is to ensure that recipients of HUD funding provide opportunities for low-income individuals to improve their economic situation through job training, employment, and contracting.

What information must be reported on hcd section 3 utilization?

Recipients must report on the number of job training, employment, and contracting opportunities provided to low-income individuals, as well as any challenges faced in meeting the Section 3 requirements.

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