Earning and Living Opportunities Act - Amends the Housing and Urban Development Act of 1968 to require as a condition for Federal housing and community development assistance that: (1) a public or Indian housing agency or contractor shall require that at least 20 percent of all employee hours be performed by low- or very low-income persons; and (2) a recipient for housing rehabilitation, housing construction, or other public construction projects or contractor shall require that at least 20 percent of all new employee hours be performed by low- or very low-income persons.Sets forth provisions respecting: (1) contractor compliance and job training; and (2) agency recruitment and referral.
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