The purpose of Section 3 is to provide jobs to low- and very low-income people who live in the targeted area of HUD-funded construction projects, such as those developed with funds from the Neighborhood Stabilization Program (NSP).
What is Section 3 CDBG?
Section 3 applies to projects of a certain scope and monetary amount and is triggered when the following thresholds are met and new hiring and/or contracting opportunities are generated by the use of grant funds. A contractor/subcontractor of a project receives a contract for $100,000 or more in grant assistance.
What is Section 3 construction?
Section 3 covered projects are those in which a combined (or aggregate) amount of covered funding exceeding $200,000, is invested into activities involving housing construction, demolition, rehabilitation, or other public construction—i.e., roads, sewers, community centers, etc.
What’s the difference between Section 2 and Section 3?
2 Mental Health Act lasts for 28 days, and its main purpose is to assess a patient in hospital (although it does also permit treatment). S. 3 MHA lasts for a maximum of 6 months, and is for the purpose of treatment.
When is a section 3 performance report due?
If the recipient is not required to submit an annual performance report, the Section 3 report is due when other reports are submitted to HUD or at the end of each program, fiscal, or calendar year.
What is Section 3 employment assistance?
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. The Section 3 program requires that recipients of certain HUD financial assistance, to the greatest extent feasible, provide job training,
What is a section 3 worker?
Section 3 worker is any worker who currently fits, or when hired within the past five years fit, at least one of the following categories, as documented: The worker’s income for the previous or annualized calendar year is below the income limit established by HUD (see Question 6 of this part I of these FAQs, below);
What is Section 3 of covered HUD funding?
Each recipient of $200,000 of covered HUD funding is required to comply with Section 3. Section 3 applies to all projects and activities involving housing construction, rehabilitation, or other public construction that is funded with covered HUD funding.
