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NNRHA RFP FOICRAR-08-26 — financial operations, internal controls and risk assessment review

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What are Labor Hours? The number of paid hours worked by persons on the project or by persons employed with funds that include public housing financial assistance. What is a Low/Very Low-Income Person? A worker’s income is below the income limit established by HUD. These limits are typically established at 80% and 50% of the area median individual income. What are Benchmarks? (Targets that must be met to be considered in compliance with Section 3) Twenty-five (25) percent or more of the total number of labor hours worked by all workers employed with public housing financial assistance in the PHA’s or other recipient’s fiscal year are Section 3 workers. Also, five (5) percent or more of the total number of labor hours worked by all workers employed with public housing financial assistance in the PHA’s or other recipient’s fiscal year are Targeted Section 3 workers. For Section 3 projects, the benchmarks are the same as for public housing financial assistance, but with regards to the project itself rather than the recipient’s fiscal year. What is YouthBuild? YouthBuild is a community-based pre-apprenticeship program that provides job training and educational opportunities for at-risk youth ages 16-24 that have previously dropped out of high school. For additional information contact: Jande Freeman-Brewer 227 27th Street P.O. Box 797 Newport News, VA 23607 Phone: 757-928-2632 Fax: 757-928-7412 jfbrewer@nnrha.org Financial Operations, IC & RA Review Initial: RFP# FOICRAR-08-26 Page |38
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