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Cocoa council opts to spread SHIP dollars across four to five rehabs rather than one large project
Summary
By a 4–1 vote, Cocoa’s council decided to use available SHIP funds to complete rehab projects on four to five homes rather than expend most funds on a single, potentially cost‑prohibitive property; council members cited bid uncertainty and the potential to help more households.
The Cocoa City Council voted 4–1 on Aug. 12 to use the city’s current SHIP (State Housing Initiatives Partnership) allocation to complete rehabilitation projects for four to five homes on the city’s waiting list rather than to commit most or all available funds to a single Montclair Road property that likely requires demolition and rebuild.
City staff presented three options: (1) use available SHIP funds to…
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