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Este documento proporciona una descripción general de los requisitos de la Sección 3 de la Ley de Vivienda y Desarrollo Urbano, que requiere que las oportunidades económicas generadas por el uso de fondos Federales se ofrezcan a personas de bajos y muy bajos ingresos. Incluye pautas para el cumplimiento, los objetivos de contratación, y los requisitos de informes para los receptores de fondos.
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Read the instructions provided for Section 3 carefully.
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Gather necessary documents and information required for this section.
03
Identify the specific policies that need to be outlined in this section.
04
Clearly state the purpose of each policy.
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Who needs section 3 policies and?

01
Organizations that are required to comply with specific regulations.
02
Entities involved in federal contracts or assistance programs.
03
Stakeholders and employees who need to understand policies and compliance.
04
Any applicant or recipient of federal funding or assistance.
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Section 3 policies refer to a set of regulations aimed at providing employment and economic opportunities to low-income individuals and businesses, particularly those in public housing communities.
Organizations that receive federal funding for housing and community development programs are required to file Section 3 policies, including public housing authorities and certain contractors.
To fill out Section 3 policies, organizations must provide information on how they plan to engage Section 3 residents and businesses, detail outreach efforts, and report on the number of individuals and businesses assisted.
The purpose of Section 3 policies is to ensure that economic opportunities generated by federal funding reach low-income individuals and help them achieve self-sufficiency.
Organizations must report information on the number of Section 3 residents hired, the contracts awarded to Section 3 businesses, and the activities undertaken to provide employment opportunities to low-income individuals.
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