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How to fill out section 3 utilization plan

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How to fill out section 3 utilization plan

01
Review the Section 3 regulations and guidelines provided by the governing agency.
02
Identify the specific requirements for reporting utilization of Section 3 workers and businesses.
03
Gather relevant data on the employment and contracting opportunities provided to Section 3 individuals and businesses.
04
Complete the designated form or template with accurate and detailed information on the utilization plan.
05
Submit the Section 3 utilization plan to the appropriate authority for review and approval.

Who needs section 3 utilization plan?

01
Any entity or organization receiving federal funding for housing and community development projects is required to fill out a Section 3 utilization plan.
02
Contractors, subcontractors, and developers involved in projects funded by federal agencies such as HUD are also required to comply with Section 3 regulations and submit utilization plans.
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Section 3 utilization plan is a plan that outlines how a business or entity will utilize resources to meet the goals set forth in Section 3 of the Housing and Urban Development Act of 1968.
Any business or entity that receives federal funds from the Department of Housing and Urban Development (HUD) is required to file a section 3 utilization plan.
The section 3 utilization plan should be filled out by specifying how the business or entity will provide job opportunities and training to low-income individuals and meet other Section 3 requirements.
The purpose of the section 3 utilization plan is to ensure that businesses and entities receiving federal funds from HUD are helping to improve the economic and social well-being of low-income individuals.
The section 3 utilization plan must include details on how the business or entity will provide job training, employment opportunities, and other benefits to low-income individuals.
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