Housing and Urban Development Act
Section 3 Economic Opportunities
Section 3 of the Housing and Urban Development Act of 1968 (12 U.S.C. 1701u) (as amended), requires that economic opportunities generated by certain HUD financial assistance for housing (including Public and Indian Housing) and community development programs shall, to the greatest extent feasible, be given to low and very low-income persons, particularly those who are recipients of government assistance for housing, and to businesses that provide economic opportunities for these persons.
Who are Section 3 residents? Public housing residents including persons with disabilities and low and very low-income persons who live in the area where a HUD assisted project is located.
What is a Section 3 Business? A Section 3 business is one that is owned by Section 3 residents, employs Section 3 residents or subcontracts with businesses that provide opportunities to low and very low-income persons.
For more information about Section 3 opportunities, please contact the office at 218.637.2431.