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HUD/HUDSEC | RIN: 2501-AE02 | Publication ID: Fall 2024 |
Title: Clarification of Section 3 Requirements for Creating Economic Opportunities for Low- and Very Low-Income Persons and Eligible Businesses (FR-6085-F-05) | |
Abstract:
This final rule amends HUD’s Section 3 regulation to clarify the definition for Section 3 business concern, to correct an omission, and to make minor technical and grammatical edits. As written, the definition for Section 3 business concern creates a circular definition by using the term Section 3 worker. This rule replaces that circular definition by replacing the term with the statutory requirement that workers be low-income or very low-income workers. This final rule also updates the list of certifications that can be provided for a Targeted Section 3 Worker to include a YouthBuild participant. |
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Agency: Department of Housing and Urban Development(HUD) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 24 CFR 75 | |
Legal Authority: 42 U.S.C. 3535(d) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: Undetermined |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Jasmy Methipara Senior Program Analyst, Office of Field Policy & Management Department of Housing and Urban Development Office of the Secretary 451 7th Street SW, Washington, DC 20410 Phone:202 402-2188 |