A Section 3 resident is:
A public housing resident OR
A low- or very low-income person, residing in the metropolitan area.
Low income or Very low-income persons are defined as families whose incomes do not respectively exceed 80% or 50% of the median income (varies by household size) for the area. Refer to the chart below for FY 2014 Income Limits.
What Is A Section 3 Business Concern?
A Section 3 Business Concern is a business:
That is at least 51% or more owned by Section 3 residents, or
Whose permanent full-time employees include persons, at least 30% of whom are currently Section 3 residents, or within 3 years of the date of first employment with the business concern were Section 3 residents, or
That provides evidence of a commitment to subcontract in excess of 25% of the dollar award of all subcontracts to be awarded to business concerns that meet the qualifications in either of the two preceding bullet points.
A Registered Section 3 Business Concern is a Section 3 Business Concern that has registered with NYCHA, through the successful submission of this form, and subsequently receives acknowledgement by NYCHA of its Section 3 Business Concern status via the posting of its business in the publicly accessible database referred to below.
Please be advised that by registering as a “Section 3 Business Concern,” your business will be added to a publicly accessible database of NYCHA recognized Section 3 Businesses Concerns that NYCHA and/or its contractors/vendors can access to fulfill the Section 3 Business Concern provisions in NYCHA’s contracts with its contractors/vendors.
Such registration is not a guarantee that your business will be awarded any contracts or subcontracts by NYCHA or its contractors/vendors.
In the event that NYCHA or any contractor seeks to award any contract or subcontract to you, you will be required at the time of contracting (or subcontracting) to submit to NYCHA a completed, signed, and notarized Certification of Section 3 Business Concern Status Form, confirming that there has been no change in your status as a Section 3 Business Concern since your last registration as such with NYCHA. A copy of the Certification of Section 3 Business Concern Status Form is included with this registration form.
This registration will be effective for three years from the date that your business is posted in the publicly accessible database identified above. NYCHA, however, reserves the right to request your business to re-register as a Section 3 Business Concern at any time. Failure to re-register as a Section 3 Business Concern, either after the expiration of the three year period or upon NYCHA’s request, will ultimately result in the removal of your business from the database.