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00630: Section 3 Economic Opportunity Plan
Page 1 of 3IFB No. SECTION 00630: SECTION 3 ECONOMIC OPPORTUNITY PLAN
Project:Project #:Date:Prime Contractor:
PART I:ContractorSubcontractorSection 3 Business
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Who needs section 3 economic opportunity?
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Individuals or organizations seeking to take advantage of economic opportunities.
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Businesses looking to expand their economic footprint.
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What is section 3 economic opportunity?
Section 3 economic opportunity aims to provide job opportunities for low-income individuals and public housing residents.
Who is required to file section 3 economic opportunity?
Contractors and subcontractors who receive HUD funding are required to file section 3 economic opportunity.
How to fill out section 3 economic opportunity?
Section 3 economic opportunity must be filled out by providing information on the number of new hires, training programs, and other opportunities provided to low-income individuals.
What is the purpose of section 3 economic opportunity?
The purpose of section 3 economic opportunity is to promote employment and training opportunities for low-income individuals and public housing residents.
What information must be reported on section 3 economic opportunity?
Information such as the number of new hires, job training programs, and contracting opportunities must be reported on section 3 economic opportunity.
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