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  • Form Hud-60002 (6/2001) Ref 24 Cfr 135

Get Form Hud-60002 (6/2001) Ref 24 Cfr 135

Form HUD-60002 (6/2001) ref 24 CFR 135. Section 3 Summary Report. Economic Opportunities for. Low- and Very Low-Income Persons. See back of page for .

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How to use or fill out the Form HUD-60002 (6/2001) Ref 24 CFR 135 online

Filling out Form HUD-60002 is an essential task for those reporting economic opportunities for low- and very low-income persons under Section 3 of the Housing and Urban Development Act. This guide provides clear, step-by-step instructions on how to complete the form efficiently and correctly online.

Follow the steps to complete the form accurately online.

  1. Press the ‘Get Form’ button to obtain the form and access it in your editing tool.
  2. Begin filling in the recipient name and address in the designated fields at the top of the form. Ensure to provide complete information, including street, city, state, and zip code.
  3. Input the federal identification number, which is the contract or award number, ensuring it includes dashes where necessary.
  4. Enter the dollar amount of the award received, rounding to the nearest dollar.
  5. Provide the name and phone number of the contact person who is knowledgeable about the award and the implementation of Section 3.
  6. Indicate the reporting period this report covers by specifying the months and year.
  7. Select the appropriate program code from the provided options and enter it in the corresponding field.
  8. Input the program name corresponding to the program code selected in the previous step.
  9. Proceed to Part I, where you will detail employment and training opportunities, entering information for each job category as required. Include the number of new hires, new hires that are Section 3 residents, and other relevant percentages.
  10. In Part II, report contracts awarded by completing the fields for both construction and non-construction contracts, including total amounts and percentages related to Section 3 businesses.
  11. Complete Part III by indicating the efforts made to direct employment and economic opportunities towards low- and very low-income persons. Check all applicable efforts.
  12. Finally, enter the date the report is submitted and ensure that you have filled in all fields accurately. You can then save changes, download, print, or share the completed form.

Complete the Form HUD-60002 online to ensure compliance with Section 3 reporting requirements.

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(i) Section 3 projects means housing rehabilitation, housing construction, and other public construction projects assisted under HUD programs that provide housing and community development financial assistance when the total amount of assistance to the project exceeds a threshold of $200,000.

The Section 3 program requires that recipients of certain HUD financial assistance, to the greatest extent possible, provide training, employment, contracting and other economic opportunities to low- and very low-income persons, especially recipients of government assistance for housing, and to businesses that provide ...

The Section 3 program requires recipients of HUD funding to direct employment, training, and contracting opportunities to low-income individuals and the businesses that employ these persons within their community. Section 3 is a provision of the HUD Act of 1968 and is found at 12 U.S.C. 1701u.

A business at least 51 percent owned and controlled by current public housing residents or residents who currently live in Section 8-assisted housing.

The Section 3 requirement is triggered when there is a need for new economic opportunities, such as individual employment, contracting, or subcontracting.

The purpose of Section 3 is to ensure that economic opportunities, most importantly employment, generated by certain HUD financial assistance shall be directed to low- and very low-income persons, particularly those who are recipients of government assistance for housing or residents of the community in which the ...

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232