Business Concern Category Priority Ranking Sample Clauses

Business Concern Category Priority Ranking. The respondent shall be awarded the number of points corresponding to the business category definitions for which the respondent qualifies: Category 1 business – 51% or more owned by residents of the housing development or developments for which the Section 3-covered assistance is expended, or whose full-time, permanent workforce includes 30% of such residents as employees. Points 5 Category 2 business – 51% or more owned by residents of other housing developments managed by the housing County that is expending the Section 3- covered funding, or whose full-time, permanent workforce includes 30% of such residents as employees. Points 5 Category 3 business – HUD Youthbuild programs being carried out in the metropolitan area or non-metropolitan county in which the Section 3-covered funding is expended. Points 5 Category 4 business – 51% or more owned by Section 3 residents, or whose full-time, permanent workforce includes no less than 30% Section 3 residents, or whose full-time, permanent workforce includes no less than 30% Section 3 residents, or that subcontracts in excess of 25% of the total amount of subcontracts to category 1 or 2 business. Points 5 2 Section 3 strategy. (maximum of 5 points) The quality of the respondent‟s strategy for complying with the Section 3 training and employment and/or contracting “greatest extent feasible” requirements including:
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Related to Business Concern Category Priority Ranking

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