much of the information I was seeking is covered in this page: https://academic.udayton.edu/PhillipMagnuson/soundpatterns/speciesctpt/spI3.html
The following are the contents of the page:
11.1 MELODIC PRINCIPLES FOR SPECIES I (THREE VOICES)
a. Due to the added complexity of the third voice, repeated notes may be used; restrict them to one pair in any one voice per exercise.
They must never occur simultaneously in any pair of voices, as in the example above. Note the repeated notes in the soprano line.
b. All other melodic principles (from Species I in two voices) are the same.
11.2 CONTRAPUNTAL PRINCIPLES FOR SPECIES I (THREE VOICES)
a. The first and last intervals below a cantus firmus must be a unison or an octave.
b. The important intervals are analyzed from the bass voice, and must be consonant with the bass.
Note that the intervals from the bass to the alto are exact, but the bass to soprano are reduced to the smaller (not compound) intervals.
c. Complete triads are preferable.
Major and minor triads are used in either root position or first inversion
Diminished triads can be used, but they must be in first inversion
Do not use augmented triads or second inversion triads at all
d. An incomplete triad may be used if the line is made better because of it.
If an incomplete triad is used, at least one of the intervals formed must be imperfect (a 3rd or a 6th); if all the intervals were perfect, the counterpoint would sound as if it were forming a cadence. The first and last measures, as the starting point and cadence, are exceptions to this.
e. The upper two voices (soprano and alto) also form intervals, but they are treated differently than those intervals above the bass. They may have the dissonances of a P4 or tritone, but both must still be consonant with the bass.
Even though there is a dissonance between them, the soprano and the cantus firmus are consonant with the bass. Note that this set of intervals is written above the soprano.
f. Parallel perfect consonances are still prohibited, including those between the upper two voices.
g. Direct perfect consonances are virtually impossible to avoid in three voice counterpoint, and they are allowable between the middle voice and either the bass or soprano. They are also allowable between the soprano and bass if the soprano steps into it.
h. While parallel P5's are not allowed, a P5 may move to a d5 at any time. A d5 can only move to a P5 between upper voices if both triads are in first inversion.
i. Unisons are allowed between any two adjacent voices.
j. Never double the leading tone at a cadence.
k.Cadences must include the ^7-^8 and ^2-^1 motions; the third voice may be a:
A unison or octave
P5 above the cantus firmus
M3 above the cantus firmus (musica ficta may be added to make it major)
These are only three of many possible cadences. Locate the ^7-^8 and the ^2-^1 motions in each.
l. The upper two parts must be an octave or less apart; the lower pair, a twelfth or less.
m. All three voices may not leap in the same direction at the same time.
Simultaneous leaps in all voices reduce the independence of the lines.
n. All other contrapuntal principles are the same as for two voices.
11.4 HOW TO WRITE 3-VOICE SPECIES I
The four big questions to ask yourself when writing species I counterpoint in three voices:
Is this note good for the line? You need to have good knowledge of all the melodic principles to answer this.
If it is a perfect consonance, how has it been approached?
If it is a dissonance, how is it justified?
Is the cadence a clausula vera?
There are some extra conditions that need to be examined, but they involve lesser questions. These include issues about
Beginning the counterpoint
Distance between voices
Use of unison
Use of triads