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FREQUENTLY ASKED QUESTIONS for SECTION 3 Published: March 25 . . .
Section 3 is a provision of the Housing and Urban Development Act of 1968 The purpose of Section 3 is to ensure that employment and other economic opportunities generated by certain HUD financial
Section 3 Guidebook: Final Rule - HUD Exchange
The final rule took effect on November 30, 2020, and updates HUD’s Section 3 regulations to create more effective incentives for employers to retain and invest in their low- and very low-income workers, streamline reporting requirements by aligning them with typical business practices, provide for program-specific oversight, and clarify the
DETAILED SUMMARY and ANAYSIS FINAL SECTION 3 REGULATION
November 30, 2020, implements the Section 3 obligations of public housing agencies (PHAs) and other recipients of HUD housing and community development funding The final rule adopts most of the very problematic proposed rule, but it does make three good changes The purpose of Section 3 of the Housing and Urban Development Act of 1968 is to
Section 3 in HUD Programs - HORNE
Under the 2020 Section 3 “final rule”, a worker may meet Section 3 criteria by having (i) an annual income (for the previous calendar year) below the income limit established by HUD, (ii) through employment by a Section 3 business concern, or (iii) through participation in the Federal Department of Labor’s YouthBuild program
SECTION 3 OVERVIEW - HUD. gov
Section 3 of the Housing and Urban Development Act of 1968 [12 U S C 1701u and 24 CFR Part 135] represents HUD’s policy for providing preference for new employment, training, and contracting opportunities created from the usage of covered HUD funds to low- and very low-income residents of the community where certain funds are spent (regardless
Section 3 Guidebook: Key Regulatory Provisions - HUD Exchange
Section 3 requires that recipients of certain HUD funding make best efforts to provide “Section 3 workers” with employment and training opportunities arising in connection to a public housing investment or Section 3 project
Key Changes of Section 3 Final Rule Summary Chart
This document is a quick reference guide to help grantee staff understand the key changes to the Section 3 final rule Additionally, a grantee may distribute it to their subrecipients, contractors, and subcontractors for educational purposes