Section
3 is a provision of the Housing and Urban Development (HUD)
Act of 1968 that promotes 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 possible, provide
job training, employment, and contract opportunities for low- or
very-low income residents in connection with projects and activities
in their neighborhoods.
If
you live in government-assisted housing or if your household income
falls below HUD's
income limits, you may qualify as a Section 3 resident or Section
3 business concern.
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