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Section 3 Quarterly/Annual Reporting Form For SHA ProjectsThis form must be completed and submitted quarterly for 2023 and beyond and annually for 2021 and 2022.SHA Contract No.Contract Title:This
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Section 3 sub reporting is a requirement under the Housing and Urban Development Act to report on the employment and business opportunities provided to low- and very low-income individuals.
Entities receiving federal funding for housing and urban development projects are required to file section 3 sub reporting.
To fill out section 3 sub reporting, entities must collect data on the employment and contracting opportunities they provide to Section 3 residents and report this information using the prescribed forms.
The purpose of section 3 sub reporting is to ensure that economic opportunities generated by specific federal funding are made available to low- and very low-income individuals, particularly those residing in the project area.
The information reported includes the number of employment and training positions filled by Section 3 residents, the number of contracts awarded to businesses owned by Section 3 residents, and other relevant economic opportunity data.
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