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Council opts to spread SHIP funds across multiple rehabs rather than fully fund one difficult Montclair property
Summary
Facing a proposed rehabilitation of a heavily damaged home at 1001 Montclair Road that could exceed the house's value, council voted to use available SHIP funds to complete repairs on four to five homes on the program list instead of funding the single Montclair property.
The Cocoa City Council directed staff to use the city's available SHIP (State Housing Initiatives Partnership) funds to complete rehabilitation on a minimum of four to five homes from the rehabilitation list rather than use the allocation to fully rehabilitate a single, high-cost property on Montclair Road.
Staff and the city's housing coordinator described the Montclair property as effectively a build-from-foundation situation, with three bids received and…
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