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Get the free Section 3 Summary Report. Economic Opportunities flor Low-and Very Low-Income Persons

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Section 3 Summary Report Economic Opportunities for Low and Very Income PersonsProject Name Reporting Period Project Address Contractor Name (or Nonprofit/City Department completing form) Contact
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Review the data needed to be included in the summary report.
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Section 3 summary report is a report that provides a summary of the activities undertaken by an organization in relation to employment and training opportunities for certain individuals.
Any organization that receives federal financial assistance and meets the criteria set forth by the Department of Housing and Urban Development (HUD) is required to file a section 3 summary report.
Section 3 summary report can be filled out electronically on the HUD Exchange website using the prescribed templates and instructions provided by HUD.
The purpose of section 3 summary report is to ensure that organizations receiving federal financial assistance are providing employment and training opportunities to low- and very low-income individuals as required by HUD regulations.
Information such as the number of new hires, training opportunities provided, and the wages paid to section 3 employees must be reported on the section 3 summary report.
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