Business Concern. A business concern meeting at least one of the following criteria, documented within the past six-month period: * 51% or more owned by low- or very low-income persons; or * 75% or more labor hours performed for the business over the prior three-month period are performed by Section 3 workers; or * 51% or more owned by current residents of public housing or Section 8 assisted housing.
Business Concern. Resident Business Owner(s) Verification A business can be certified as a Section 3 Business Concern if the business is owned (51% or more) by Georgia Section 3 Resident(s). Name of Owner: _______________________________________________________________ Home Street Address: _________________________________________________________ Home City, County, & Zip Code: Name of Business: ______________________________________________________________ Percentage of Ownership: __________% Low- to – Moderate Income (80% of Median) Check the appropriate box for your family size and income if your total household income is equal to or less than the Gross Household Income Maximum amount listed for your appropriate household size: Check Box # of Persons in Household Gross Household Income Maximum 1 Individual 2 Individuals 3 Individuals 4 Individuals 5 Individuals 6 Individuals 7 Individuals 8 Individuals If the business is owned by more than one Section 3 resident, list each owner below and each should submit a separate Resident Business Owner Verification Form (Form A). Please list additional Section 3 Resident owners of the business below: Name Position % Percentage of Ownership I certify that I am a resident of the State of Georgia and my total household income last year was not more than the amount shown above for my family size. I further certify the information provided is true and accurate and agree to provide upon request, documents verifying the information submitted to qualify as a Section 3 Business Concern. Print: ________________________ Signature: _________________________ Date: _______________ Attachment E - Option 2 SECTION 3 BUSINESS CONCERN 30% + Workforce A business can be certified as a Section 3 Business Concern if at least 30% of its permanent, full-time employees are Section 3 residents, or were Section 3 residents within three years of the date of the first employment with the business. You may also certify as a Section 3 Business Concern if, for this award, you will hire Section 3 residents for at least 30% of your permanent, full-time employees for this specific project. For your firm to be eligible UNDER THIS CRITERIA, you must provide the following information for all permanent, full-time employees. You may attach additional copies of this chart, if necessary. List All Employees Date Hired Section 3 Resident Job Title/Trade Salary Range Name: Address: City/Zip: Name: Address: City/Zip: Name: Address: City/Zip: Name: Address: City/Zip: Name: Add...
Business Concern. The Company is a "small business concern" as defined in Section 121.802 of Title 13 of the Code of Federal Regulations.
Business Concern. 1. A business that is 51% or more owned by Section residents, or 2. A business whose permanent full time work force at least 30% are Section 3 residents or,
Business Concern. Self-Certification You can also search CHA’s registry from this main page!
