Get Hud-60002 2001-2025
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How to fill out the HUD-60002 online
The HUD-60002, also known as the Section 3 Summary Report, is essential for reporting annual accomplishments concerning employment and economic opportunities provided to low- and very low-income persons. This guide offers a comprehensive overview of each section of the form to ensure you can complete it accurately and effectively.
Follow the steps to complete the HUD-60002 online.
- Click ‘Get Form’ button to access the HUD-60002 online form.
- Enter the recipient name and address in the designated field, including street, city, state, and zip code.
- Provide the federal identification number in the specified section.
- Fill in the total amount of the award received, rounding to the nearest dollar.
- Enter the contact person's name and phone number in the appropriate fields.
- Indicate the length of the grant and the reporting period you are covering with this report.
- Insert the date the report is being submitted.
- Input the program code from the provided list based on your specific program.
- Specify the program name that corresponds with the program code entered previously.
- Proceed to Part I, where you will detail the employment and training data. Fill in all mandatory fields related to new hires and Section 3 residents.
- Continue to Part II, reporting on contracts awarded, both construction and non-construction, along with the corresponding amounts and percentages for Section 3 businesses.
- Complete Part III by indicating the efforts made to direct economic opportunities towards low- and very low-income persons.
- Once all fields are filled out accurately, save your changes, and choose to download, print, or share the completed form.
Start filling out the HUD-60002 online today to ensure compliance and support economic opportunities for low- and very low-income persons.
Audits can occur for several reasons, including financial discrepancies, failure to comply with regulations, or external complaints. Risk factors that lead to audits often stem from mismanagement of funds or suboptimal reporting practices. By understanding these reasons, organizations can take preventive measures to adhere to HUD-60002 standards and avoid audits.
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