What is Section 3?
Section 3 is a provision of the Housing and Urban Development (HUD) Act of 1968 and ensures that employment and other economic opportunities generated by certain HUD financial assistance shall, to the greatest extent feasible, be directed to low or very-low income persons, particularly those who are recipients of government assistance for housing, and to business concerns which provide economic opportunities to low or very-low income persons.
Section 3 helps foster local economic development, neighborhood improvement, and individual self-sufficiency.
FISCAL YEAR 2021 LOW INCOME LIMITS CATEGORY BY GEOGRAPHIC AREA
| FY Income Limit | 1 Person Household | 2 Person Household | 3 Person Household | 4 Person Household | 5 Person Household | 6 Person Household | 7 Person Household | 8 Person Household |
|---|---|---|---|---|---|---|---|---|
|
Roanoke City Roanoke County, City of Salem, Botetourt County, Craig County |
$43,900 |
$50,200 |
$56,450 |
$62,700 |
$67,750 |
$72,750 |
$77,750 |
$82,800 |
|
Franklin County |
$37,550 |
$42,900 |
$48,250 |
$53,600 |
$57,900 |
$62,200 |
$66,500 |
$70,800 |
Figures retrieved from https://www.huduser.gov/portal/datasets/il/il2021/2021summary.odn
For more information or questions about the Section 3 Program please contact Stephanie Wanza Section 3 Coordinator at swanza@rkehousing.org or 540-983-9262
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