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other recipients of H[JD housing assistance funds must, to the greatest extent feasible, provide these <br />opportunities to low- and very low- income persons and to businesses owned by or employing low- <br />and very low- income persons. Section 3 applies to projects for which FItTD's share of project costs <br />exceeds $200,000 and contracts and subcontracts awarded on projects for which IIUD's share or <br />project costs exceeds $200,000 and the contract or subcontact exceeds $100,000. <br />For purposes of this Section 3 Clause and compliance thereto, whenever the word <br />"contractor" is used it shall mean and include, as applicable, the Developer, and its contractor and <br />subcontractor(s), if any. The particular text to be utilized in any,~pd all contracts of any contractor <br />doing work covered by Section 3 shall be in substantially the fpriri` of the following, as reasonably <br />determined by the Agency, or as directed by I-IUD or its representative, and shall be executed by the <br />applicable contractor under penalty of perjury: ~t~,,~,, <br />"The work to be performed under"thiseontract rs:SUbject to the <br />requirements of Section 3 of the.; Housing and Urban`DeYelopment <br />Act of 1968, as amended, 12~ tT:S.C. 1701u ("Section '3".) The <br />purpose of Section 3 is to ensure, that employment aud''other <br />economic opportunities generated by ; HiJD "'as'sistance or ItUll <br />assisted projects covered ,by Section 3, shall, to'~the gr•eatesl extent' <br />feasible, be directed to lowand very low=iricome persons (inclusive <br />of I;xt<•emely Low Tucorpt~ households and.zVery Low Income <br />households served by the :,,~roj8ct);~;particrrlarly persons who axe <br />recipients of I3iJD assrslance.;'for housing ; , <br />"r,. <br />;~ <br />The parties to lliisYOpntract agrcC to Colrrply with 11UD's regulations <br />in 24 Ck`IZ,part 135a ~yhich imp1emeiil Section 3.~ As evidenced by <br />;, . <br />their exedutlop of this Contract, the paities to this contract certify that <br />they,are undel•rno conhaciuul,or other:>j1}rpediment that would prevent <br />The contracfbx• agiees.;,to seud 'fo each labor organization or <br />represcntatrve o£:woilcers;vXjth which the contractor has a collective <br />bargaining agreeirie~nl or otherundorstanding, if any, a notice advising <br />the;i!iabor organiza4)~rn or workers' representative of the contractor's <br />coriiYtrit;ments under;. this Section 3 clause, and will post copies of <br />notices rl conspipiioUS places at the work site where both employees <br />and applicants for training and employment positions can see the <br />notice. The notice shall describe the Section 3 preference, shall set <br />forth minimum number of job titles subject to hire, availability of <br />apprenticeship and training positions, the qualifications for each; and <br />the name and location of person(s) taking applications for each of the <br />position; and the anticipated date the work shall begin. <br />The contractor agrees to inclrrde this Section 3 clause in every <br />subcontract subject to compliance with regulations in 24 CFR parC <br />135, and agrees to false appropriate action, as provided in an <br />applicable provision of the subcontract or in this Section 3 clause, <br />upon a finding that the subcontractor is in violation of the regulations <br />24 CFR part 135. The contractor will not subcontract with any <br />14 <br />