Sec. 7. The section 3 program for economic opportunities
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Section 3 of the Housing and Urban Development Act of 1968 ( 12 U.S.C. 1701u ) is amended— in subsection (c)(1)— in subparagraph (A), by striking , operating assistance provided pursuant to section 9 of that Act, and modernization grants provided pursuant to section 14 of that Act and inserting ( ; and 42 U.S.C. 1437c ), assistance from the Operating Fund under section 9(e) of that Act ( 42 U.S.C. 1437g(e) ), assistance from the Capital Fund under section 9(d) of that Act ( 42 U.S.C. 1437g(d) ), and assistance provided under a grant awarded under section 6 of the Green New Deal for Public Housing Act by adding at the end the following:
The Secretary shall require that, of the employment positions generated by development assistance provided pursuant to section 6 of the United States Housing Act of 1937 ( 42 U.S.C. 1437c ), assistance from the Operating Fund under section 9(e) of that Act ( 42 U.S.C. 1437g(e) ), assistance from the Capital Fund under section 9(d) of that Act ( 42 U.S.C. 1437g(d) ), and assistance provided under a grant awarded under section 6 of the Green New Deal for Public Housing Act , public and Indian housing agencies, and their contractors and subcontractors, shall fill, to the greatest extent possible— not less than 40 percent of those positions generated during the 1-year period beginning 1 year after the initial receipt of grant funds awarded, with low- and very low-income persons; not less than 50 percent of those positions generated during the 1-year period beginning 2 years after the initial receipt of grant funds awarded, with low- and very low-income persons; and not less than 90 percent of those positions generated after the expiration of the period described in clause
(ii)with low- and very low-income persons. ; in subsection (d)(1)— in subparagraph (A), by striking , operating assistance provided pursuant to section 9 of that Act, and modernization grants provided pursuant to section 14 of that Act and inserting ( ; and 42 U.S.C. 1437c ), assistance from the Operating Fund under section 9(e) of that Act ( 42 U.S.C. 1437g(e) ), assistance from the Capital Fund under section 9(d) of that Act ( 42 U.S.C. 1437g(d) ), and assistance provided under a grant awarded under section 6 of the Green New Deal for Public Housing Act by adding at the end the following: The Secretary shall require that, of the aggregate dollar amount of contracts awarded for work to be performed in connection with assistance from the Operating Fund under section 9(e) of the United States Housing Act of 1937 ( 42 U.S.C. 1437g(e) ), assistance from the Capital Fund under section 9(d) of that Act ( 42 U.S.C. 1437g(d) ), and assistance provided under a grant awarded under section 6 of the Green New Deal for Public Housing Act , public and Indian housing agencies, and their contractors and subcontractors, shall, to the greatest extent possible, certify that— not less than 20 percent of the aggregate dollar amount of such contracts awarded during the 1-year period beginning 1 year after the initial receipt of grant funds awarded shall be awarded to public housing resident-owned businesses; not less than 30 percent of the aggregate dollar amount of such contracts awarded during the 1-year period beginning 2 years after the initial receipt of grant funds awarded shall be awarded to public housing resident-owned businesses; and not less than 50 percent of the aggregate dollar amount of such contracts awarded after the expiration of the period described in clause
(ii)shall be awarded to public housing resident-owned businesses. ; in subsection (e), by adding at the end the following: The term public housing resident-owned business has the meaning given the term in section 3 of the Green New Deal for Public Housing Act . ; by redesignating subsection
(g)as subsection (i); and by inserting after subsection
(f)the following: Before the start of the second fiscal year beginning after the date of enactment of the Green New Deal for Public Housing Act , and quarterly thereafter, the Secretary shall require each public housing agency to monitor, measure, and report to the Secretary on the economic impacts of this section on the community in which housing developments of the public housing agency are located, including— the aggregate dollar amount of contracts awarded in compliance with this section; the aggregate dollar amount of wages and salaries paid for positions employed by low- and very low-income persons in accordance with this section; the aggregate dollar amount expended for training opportunities provided to low- and very low-income persons in accordance with this section; and the aggregate dollar amount expended for training and assisting public housing resident-owned businesses for compliance with this section. The Secretary shall terminate the Section 3 Performance Evaluation and Registration System of the Department of Housing and Urban Development and shall issue such notice and guidelines as may be necessary to replace such system with the system for monitoring, measuring, and reporting under this subsection. The Secretary shall require each public housing agency to establish and maintain a roster of the residents and public housing resident-owned businesses of the public housing agency in order to identify and spotlight talented local laborers and facilitate compliance with this section. The roster maintained by a public housing agency under paragraph
(1)shall include information that is updated not less frequently than every 30 days, including— information for each public housing resident choosing to have their information recorded that lists their occupational skills, career goals, and any workforce development programs they participate in; and information for each public housing resident-owned business that lists the field of business they are in and the hiring opportunities they currently have available. In order to facilitate compliance with this subsection, the Secretary shall— require each public housing agency to submit to the Secretary the information maintained by the public housing agency in the roster under this subsection; and collect and make the data described in subparagraph
(A)available on the website of the Department of Housing and Urban Development, upon request, to contractors, subcontractors, resident councils, resident management organizations, and YouthBuild programs. .
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