Hud Section 3

Section 3 is a provision of the hud act of 1968 and is found at 12 u s c.
Hud section 3. 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. Hud section 3 section 3 of the housing and urban development act of 1968 commonly referred to as section 3 requires that recipients of the us department of housing and urban development hud funds to the greatest extent possible provide job training employment and contract opportunities for low or very low income residents in connection with projects and activities in their neighborhoods. 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.
Projects that are financed with state local or private matching or leveraged funds used in conjunction with hud funds are covered by section 3. Pursuant to the regulation hud not only reviews this information for compliance but also conducts periodic compliance reviews of recipients and contractors. One way that hud achieves these objectives is through the promotion and administration of section 3.