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Virginia Regulatory Town Hall
Agency
Department of Housing and Community Development
Guidance Document Information
Title Section 3 Policies and Procedures for Recipients of HOME Program Funds
Document ID 5933
Summary As a HOME participating jurisdiction (PJ), DHCD and the entities to which it provides HOME funds must comply with Section 3 of the Housing and Urban Development Act of 1968, as amended (“Section 3”). Section 3 requires that economic opportunities that are generated by the use of HOME funds be made available to low- and very low-income persons that reside in the project’s service area and the businesses that employ them, to the greatest possible extent. These procedures summarize the Section 3 requirements and describe how DHCD implements them. They outline what DHCD and its housing partners must do to comply with Section 3, and identify the record keeping and reporting requirements that funded entities must conduct.
Latest Revision 12/21/2015
pdf View document text     Posted On 12/22/2015                 Document on Town Hall

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