Department of Housing and Urban Development
Learn more about the Department of Housing and Urban Development and how it promotes investment in the United States
Learn More About HUD
The Department of Housing and Urban Development (HUD) works to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
Mission: To create strong, sustainable, inclusive communities and quality affordable homes for all.
Tax Incentives in Renewal Communities (RCs) and Empowerment Zones (EZs)
HUD offers tax incentives to businesses that hire local residents, upgrade their equipment needs, and build or rehabilitate commercial property, there are substantial cash savings possible on taxes paid through special federal tax incentives reserved exclusively in Renewal Communities (RCs) and Empowerment Zones (EZs).
Section 3 Business Registry
HUD’s Section 3 program helps foster economic development, neighborhood improvement, and individual self-sufficiency in low-income neighborhoods. It achieves this by including Section 3 businesses in a searchable, online database used by agencies that receive HUD funds, developers, contractors, and others.
When a business is registered with the Section 3 program, the firm is required, to the greatest extent possible, to provide job training, employment, and contracting opportunities for low or very-low income residents in connection with projects in their neighborhoods.
To find out if your business qualifies for the Section 3 program, please visit the Section 3 Business Registry.