Instructions for Section 3 Utilization Report (For Projects at or Exceeding $200,000) - Maine

This document was released by Maine Department of Economic & Community Development and contains the most recent official instructions for Section 3 Utilization Report (For Projects at or Exceeding $200,000) .

FAQ

Q: What is the Section 3 Utilization Report?
A: The Section 3 Utilization Report is a report required for projects that cost $200,000 or more.

Q: Who is required to submit the Section 3 Utilization Report?
A: Contractors and subcontractors working on projects that cost $200,000 or more are required to submit the report.

Q: What is Section 3?
A: Section 3 refers to a provision of the Housing and Urban Development (HUD) Act of 1968 that encourages employment and contracting opportunities for low-income individuals and businesses.

Q: What information is included in the Section 3 Utilization Report?
A: The report includes information about the number and types of job opportunities created, as well as information about contracts awarded to Section 3 businesses.

Q: When is the Section 3 Utilization Report due?
A: The report is due within 30 days after the completion of the project.

Q: What are the consequences for not submitting the Section 3 Utilization Report?
A: Failure to submit the report may result in penalties or the denial of future contracts.

Q: Who can I contact for more information about the Section 3 Utilization Report?
A: You can contact the Maine Department of Economic and Community Development (DECD) for more information about the report and its requirements.