1 / 10

SECTION 3 ACT of the HUD Act and GREEN JOB Opportunities?

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

essien
Télécharger la présentation

SECTION 3 ACT of the HUD Act and GREEN JOB Opportunities?

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. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Contracting Employment Training SECTION 3 ACT of the HUD Actand GREEN JOB Opportunities?

  2. 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.

  3. Intended Section 3 Beneficiaries Who is a Section 3 Resident? What is a Section 3 Business Concern?

  4. 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

  5. 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

  6. 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.

  7. Numerical Goals • Training and Employment • 30% of new hires • Contracting • 10% building trades ($ amount) • 3% all other contracts ($ amount)

  8. 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

  9. 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.

  10. 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

More Related