section 3 act of the hud act and green job opportunities l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
SECTION 3 ACT of the HUD Act and GREEN JOB Opportunities? PowerPoint Presentation
Download Presentation
SECTION 3 ACT of the HUD Act and GREEN JOB Opportunities?

Loading in 2 Seconds...

play fullscreen
1 / 10

SECTION 3 ACT of the HUD Act and GREEN JOB Opportunities? - PowerPoint PPT Presentation


  • 95 Views
  • Uploaded on

Contracting. Employment. Training. SECTION 3 ACT of the HUD Act and GREEN JOB Opportunities?. OBJECTIVE OF THE SECTON 3 ACT. To ensure that economic opportunities resulting from HUD financial assistance are

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'SECTION 3 ACT of the HUD Act and GREEN JOB Opportunities?' - essien


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
objective of the secton 3 act
OBJECTIVE OF THE SECTON 3 ACT

To ensure that economic opportunities

resulting from HUD financial assistance are

directed to low and very low-income persons, particularly those receiving government assistance for housing.

intended section 3 beneficiaries
Intended Section 3 Beneficiaries

Who is a Section 3 Resident?

What is a Section 3

Business Concern?

definition of section 3 resident
Definition of “Section-3 Resident”
  • Persons living in “Public Housing” or on Sec 8
  • Resident in jurisdiction of project area, where Section 3 covered assistance is expended, and
  • Low income to very low-income person.
      • Low income – 80% median area income
      • Very-low income 50% med. Area income
2010 median income 50 80 los angeles county
2010 Median Income 50%-80%?Los Angeles County

Section-3 Resident: Annual Income Ranges:

@ 50% :@80% :

  • 1-person = $29,000 $46,400
  • 4-persons = $41,400$66,250
  • 6-persons = $48,050 $76,850

Very Low Income Household Low Income Household

CURRENTLY, MOST JOB SEEKERS QUALIFY

definition of section 3 business concern
Definition of Section 3 Business Concern
  • 51% or more owned by Section 3 residents; or
  • (2) 30% of employees are Section 3 residents; or
  • 25% of subcontractors will go to Section 3 Businesses, like 1 and 2.
numerical goals
Numerical Goals
  • Training and Employment
      • 30% of new hires
  • Contracting
      • 10% building trades ($ amount)
      • 3% all other contracts ($ amount)
hud funded covered programs
HUD Funded: Covered Programs
  • Public and Indian Housing
    • Modernization/Rehab Construction projects
    • Operations
    • Other Development projects
  • CPD, Housing & Community Development [$200K Recipient/projects & $100K for subs]
    • Housing Rehabilitation projects
    • Housing Construction projects
    • Other Public Construction projects
collective bargaining union impact
Collective Bargaining Union Impact?

Business Concerns with or without a union shall give subcontracting preference to qualified Section 3 Business Concerns without regard to affiliation or membership in any collective bargaining union.

  • Qualified Section 3 residents shall be given employment and or training preference without regard to affiliation or membership in any collective bargaining union.
section 3 information links
Section 3 Information Links
  • www.hud.gov HUD’s Website
  • http://www.hud.gov/offices/fheo/section3/section3.cfm Section 3 General Info
  • http://www.hud.gov/offices/fheo/section3/Sect3-brochure.pdf Section 3 Brochure
  • http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&sid=f72a20c63245034451b40b442f7f8532&rgn=div5&view=text&node=24:1.2.1.2.10&idno=24 Code of Fed Regs/Sec-3