Transcription of FREQUENTLY ASKED QUESTIONS for SECTION 3 Published: …
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SECTION 3 FREQUENTLY ASKED QUESTIONS 1 FREQUENTLY ASKED QUESTIONS for SECTION 3 Published: March 25, 2021 The following is a guidance document published by the Department of Housing and Urban Development Office of Field Policy and Management for the purpose of providing answers to FREQUENTLY ASKED QUESTIONS about SECTION 3 of the HUD Act of 1968 (12 1701u) and its associated regulations (24 Part 75). This document is intended to provide guidance for SECTION 3 funding recipients, subrecipients, contractors, subcontractors, workers, and other stakeholders. This guidance document covers QUESTIONS in several topic areas and is divided into parts that contain QUESTIONS on that part s topic. I. GENERAL QUESTIONS REGARDING SECTION 3: 1. What is SECTION 3?
Your Section 3 reporting goals depend on the type of assistance you are receiving, whether public housing financial assistance or housing and community development financial assistance. For public housing financial assistance, the benchmark for Section 3 …
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