|In a press release dated March 19, HUD discussed yesterday’s release of the Section 3 proposed rule. The 99-page document has not yet been published in the Federal Register. A 60-day public comment period will open upon its publication.
The purpose of Section 3 of the Housing and Urban Development Act of 1968 is to ensure that when HUD assists housing and community development projects, preference for some of the new jobs, training, and contracting opportunities that are created go to low income people and to the businesses that hire them, “to the greatest extent feasible.”
“All Americans should have the chance to contribute to the development and growth of their own communities,” said HUD Secretary Julián Castro. “These Section 3 initiatives will connect more hard-working folks and small businesses to local economic opportunities, giving them new tools to secure a more prosperous future.”
HUD’s press release also highlights the nationwide , which was established in July 2014. The registry is a searchable online database that local housing authorities, government agencies, and contractors can use to find firms that are self-certified as employing at least 30 percent public housing residents or low-income workers. Frequently asked questions about Section 3 and the registry have also been posted.
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