On March 27, HUD published the long-anticipated amendments to the 1994 interim Section 3 regulations. As reported by NLIHC, a preview version was circulated by HUD on March 19 (see Memo, 3/23).
The purpose of Section 3 of the Housing and Urban Development Act of 1968 is to ensure that when HUD assists housing and community development projects, preference for some of the new jobs, training, and contracting opportunities that are created go to low income people and to the businesses that hire them “to the greatest extent feasible.”
NLIHC will provide more details and analysis in the coming weeks, as well as provide a sample comment letter for advocates to submit to HUD. Comments are due May 26.
The proposed rule is at http://www.gpo.gov/fdsys/pkg/FR-2015-03-27/pdf/2015-06544.pdf
More information about Section 3 is on page 7-22 of NLIHC’s 2015 Advocates’ Guide, http://nlihc.org/sites/default/files/AG_2015_FINAL.pdf