Section 3 companies are businesses that are majority owned by low-income people or that employ substantial numbers of low-income people. They are entitled to a qualified contracting preference on HUD-funded development projects and on all public housing authority contracts. The following is a partial list of the kinds of businesses that might benefit from Section 3 certification:
- Construction trades
- Construction-related suppliers
“Since being certified as a Section 3 Business Enterprise I received contracts almost right away. I am also blessed with larger contracts. Thank you for all your help."