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Get the free section 3 policy - Michigan Economic Development Corporation

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Section 3 Bid and Application Documents 90 Days or Less TimeframeSection 3 Forms, Reports, and Policy This project is governed under Section 3 of the Housing and Urban Development Act of 1968 [12
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Section 3 policy refers to a provision of the Housing and Urban Development Act of 1968, which aims to ensure that the economic opportunities generated by certain HUD-funded projects are directed to low- and very low-income persons, particularly those who receive government assistance.
Entities that receive federal funding from HUD, including public housing agencies, developers, contractors, and subcontractors, are required to file a Section 3 policy.
To fill out a Section 3 policy, entities must include information about the economic opportunities they will provide, outline their outreach efforts to low-income individuals, and detail how they will comply with Section 3 regulations.
The purpose of the Section 3 policy is to promote job training, employment, and contracting opportunities for low-income individuals, thereby advancing economic development in communities that receive HUD assistance.
Entities must report information on the number of low-income individuals hired, the outreach activities conducted, and any contracts awarded to Section 3 businesses.
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