Section 3 of the HUD Act of 1968 requires, to the greatest extent feasible, that recipients of HUD funds (and their contractors and subcontractors) provide jobs and other economic opportunities to low-income persons, particularly public housing residents. Section 3 helps create employment for low-income persons and provides contracting opportunities for businesses that are owned by low-income people or that provide employment to low-income people.
Retreive Program Description for Employment/Economic Opportunities for Lower Income Persons and Businesses from the Housing and Urban Developement site Retreive Title 24 part 135 Economic Opportunities for Low- and Very Low-Income Persons from the Code of Federal Regulations web siteSource: Housing and Urban Developement
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