HUD Form 4737C Section 3 Sample Utilization Tool: Section 3 Projects With Hcd Funding

What Is HUD Form 4737C?

This is a legal form that was released by the U.S. Department of Housing and Urban Development and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is HUD Form 4737C?A: HUD Form 4737C is a document used to track Section 3 projects with HCD funding.

Q: What is Section 3?A: Section 3 refers to a provision of the Housing and Urban Development (HUD) Act that requires recipients of certain HUD funds to provide training, employment, and contracting opportunities to low-income individuals.

Q: What does HCD funding stand for?A: HCD stands for Housing and Community Development.

Q: What is the purpose of the Section 3 Utilization Tool?A: The Section 3 Utilization Tool is used to track and monitor the employment and contracting activities of Section 3 projects with HCD funding.

Q: Who is responsible for completing the Section 3 Utilization Tool?A: The entity that receives HCD funding for a Section 3 project is responsible for completing the Section 3 Utilization Tool.

Q: What information does the Section 3 Utilization Tool capture?A: The Section 3 Utilization Tool captures information on the number of Section 3 eligible individuals employed, the wages paid to Section 3 employees, and the contracts awarded to Section 3 businesses.

Q: How is the Section 3 Utilization Tool submitted?A: The Section 3 Utilization Tool is typically submitted to the appropriate HUD office or agency that provided the HCD funding for the project.

Q: Why is Section 3 important?A: Section 3 aims to provide economic opportunities to low-income individuals and businesses by ensuring that they have access to employment and contracting opportunities on projects funded by HUD.