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534 Cypress Street, Suite #200 Abilene, TX 79601 SAMPLE SECTION 3 PLAN FOR UTILIZATION OF PROJECT AREA BUSINESSES Number of All Contracts Proposed: Name of Company: Dollar Value of All Contracts Proposed:
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A sample section 3 plan is a document outlining how an organization will comply with section 3 of the HUD Act of 1968.
Any organization or entity receiving federal funds through HUD programs is required to file a section 3 plan.
To fill out a sample section 3 plan, provide detailed information on how the organization will meet section 3 requirements, including hiring, training, and contracting with low-income individuals.
The purpose of a sample section 3 plan is to ensure that recipients of federal funds promote the employment and economic opportunities of low-income individuals.
Information reported on a sample section 3 plan typically includes the number of low-income individuals employed, training programs offered, and contracts awarded to section 3 residents.
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