Unlock HUD Section 3 Compliance Success with CFW Staffing
At CFW Staffing, we understand that navigating HUD Section 3 compliance can be challenging for many companies. That’s why we offer specialized consulting services to ensure your projects meet and exceed the standards set by the U.S. Department of Housing and Urban Development (HUD).
Understanding HUD Section 3 Requirements
HUD Section 3 is a vital component of federally funded projects that aims to provide economic opportunities for low- and very low-income residents in the communities where the projects are located. The key requirements under Section 3 include:
- Hiring: Contractors and subcontractors are required to direct 30% of all new hires to Section 3 residents, particularly those who are low-income or live in public housing.
- Contracting: Companies must ensure that 10% of the total dollar amount of all covered construction contracts is awarded to Section 3 businesses. For non-construction contracts, the threshold is 3%.
Despite these clear guidelines, over 60% of companies involved in HUD-funded projects fall short of meeting these Section 3 requirements. This non-compliance can result in project delays, loss of funding, and damage to your company’s reputation.
The Importance of Local Hires
Hiring locally isn’t just a requirement—it’s an investment in the community. By employing Section 3 residents, you contribute to the economic development of the areas most impacted by your projects. This approach doesn’t just help you meet compliance; it fosters goodwill, strengthens community relations, and ensures the long-term success of your project.
Why Choose CFW Staffing?
With our deep expertise in HUD Section 3 regulations, CFW Staffing is your trusted partner in achieving compliance. We work closely with you to:
- Identify and recruit qualified Section 3 residents.
- Connect with Section 3-certified businesses for contracting opportunities.
- Provide comprehensive training to ensure your team understands and adheres to all HUD requirements.
Don’t let HUD Section 3 compliance be a barrier to your success. Let CFW Staffing guide you through the process, ensuring that your projects are both compliant and impactful.
Contact us today to learn more about how we can help your company meet HUD Section 3 requirements and make a positive difference in the communities you serve.
info@cfwstaffing.com