Section 3 Program
Section 3 is a provision of the housing and urban development act of 1968 24 cfr 135 5 and in accordance with those regulations new job opportunities generated by hud funding must be directed towards low and very low income persons to the greatest extent feasible.
Section 3 program. Section 3 program economic opportunities for low and very low income persons section 3 is a provision of the housing and urban development act of 1968 which recognizes that hud funds are typically one of the largest sources of federal funding expended in communities through the form of grants loans entitlement allocations and other forms of financial assistance. It is a means by which hud fosters local economic development neighborhood economic improvement and individual self sufficiency. Pursuant to the regulation hud not only reviews this information for compliance but also conducts periodic compliance reviews of recipients and contractors.
Student athletes compete with honor and integrity and play for the love of the game so let s all cheer for our team have fun and support the spirit of section iii athletics. The purpose of section 3 is to make hud financed employment and economic opportunities available to low income residents. The city of detroit is committed to their section 3 program to foster local economic development neighborhood economic development and individual self sufficiency.
Section iii athletics 11 counties 105 school districts 23 000 student athletes. The section 3 program requires that recipients of certain hud financial assistance to the greatest extent possible provide training employment contracting and other economic opportunities to low and very low income persons especially recipients of government assistance for housing and to businesses that provide economic opportunities to low and very low income persons. The section 3 program requires that recipients of.
Under cha s section 3 program there are multiple requirements for every contract. Section 3 what is section 3. Section 3 is a provision of the housing and urban development hud act of 1968 federal regulation 24 cfr 135.
What is section 3. All direct recipients of hud funds that are covered by section 3 must document actions taken to comply with the regulatory requirements and submit reports annually. Section 3 is a provision of the housing and urban development hud act of 1968 that helps foster local economic development neighborhood economic improvement and individual self sufficiency.