On September 28, HUD pre-published the “Enhancing and Streamlining the Implementation of Section 3 Requirements for Creating Economic Opportunities for Low- and Very Low-Income Persons and Eligible Businesses” (PDF link) final rule, which updates Section 3 regulations and reporting requirements, and clarifies the obligations of entities that are covered by Section 3. The rule goes into effect 60 days after its publication in the Federal Register. PHAs have until July 1, 2021 to implement their Section 3 activities pursuant to the rule and comply with new reporting requirements. NAHRO will provide additional analysis on the rule in the coming days.

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