Section 3 of the Housing and Urban Development Act of 1968 mandates that economic opportunities arising from specific HUD financial assistance for housing and community development programs be directed, to the greatest extent feasible, towards low and very low-income individuals. This includes those who are recipients of government housing assistance, as well as businesses that offer economic opportunities to these individuals. The goal is to ensure that the benefits of HUD-funded projects extend to the most economically disadvantaged, fostering community growth and self-sufficiency.
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