What is Section 3?
WFHA is committed to helping the residents of its public housing community and other qualified low-income persons residing in the Wichita Falls Metropolitan Statistical Areas (MSA) attain their goals of self-sufficiency. WFHA provides opportunities for these persons.
To achieve this, WFHA, its staff, contractors and subcontractors will comply with requirements of Section 3 of the Housing and Urban Development (HUD) Act of 1968 as amended (24 CFR Part 135).
The purpose of Section 3 is to ensure that employment and other economic opportunities generated by certain HUD financial assistance shall, to the greatest extent feasible, be directed to low- and very low-income residents, particularly those who are recipients of government assistance for housing, and to business concerns that provide economic opportunities to low and very low-income persons.
What is a Section 3 Business Concern?
A business that meets one of the following:
- 51% or more owned by Section 3 residents
- At least 30% of its full-time employees are Section 3 residents, or were Section 3 residents within three years of the date of first hire
- Show that you are committed to being a Section 3 subcontractor that will follow WFHA’s procurement selection procedures
Who are Section 3 Residents?
- A public housing resident
- A low income person residing in the Wichita Falls, TX MSA (contains the following areas: Archer County, TX; Clay County, TX; and Wichita County, TX)