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HUD/FHEO RIN: 2529-AA91 Publication ID: Fall 2008 
Title: Economic Opportunities for Low- and Very Low-Income Persons (FR-4983) 
Abstract: This rule would revise HUD's regulations found at 24 CFR part 135, which ensure that employment and other economic opportunities generated by certain HUD financial assistance shall, to the greatest extent feasible, and consistent with existing Federal, State, and local laws and regulations, be directed to low- and very low-income persons, particularly those who are recipients of government assistance for housing and to business concerns which provide economic opportunities to these persons. 24 CFR part 135 was last revised to incorporate the statutory amendments of the Housing and Community Development Act of 1992. The Department is currently operating under an interim section 3 rule, which was published on June 30, 1994. This interim rule will be revised to (1) reflect certain changes in the design and implementation of the Department's program that are subject to the section 3 regulations; (2) clarify the obligations of individuals and entities subject to the requirements of section 3; (3) establish a national registry of section 3 business concerns; (4) simplify the Department's administration of section 3 requirements; and (5) issue a final section 3 rule. 
Agency: Department of Housing and Urban Development(HUD)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 24 CFR 135   
Legal Authority: 12 USC 1701u    42 USC 1450    42 USC 3301    42 USC 3535(d)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  06/00/2009    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Staci Gilliam-Hampton
Director, Economic Opportunity Division
Department of Housing and Urban Development
Office of Fair Housing and Equal Opportunity
451 7th Street SW., Room 5232,
Washington, DC 20410
Phone:202 708-3633