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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Who needs section 3 summary report?
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What is section 3 summary report?
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.
Who is required to file section 3 summary report?
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.
How to fill out 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.
What is the purpose of section 3 summary report?
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.
What information must be reported on section 3 summary report?
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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