Cocoa Housing Authority encourages all Section 3 businesses to solicit business opportunities with us.
A Section 3 Business is defined as:
- 51% or more is owned by Section 3 residents*, or
- At least 30% of its permanent full-time employees are current Section 3 residents*, or were Section 3 residents within 3 years of the date of first employment with the business, or
- Provided evidence of a commitment to subcontract in excess of 25% of the dollar award of all subcontracts to be awarded to businesses that meet the qualification set forth in the two previous categories.
A Section 3 resident is defined as a Public Housing resident of an individual who resides with Brevard County and whose family income is below
the following limits.
Persons in Household: 1 2 3 4 5
Low (80%)-Income: $36,000 $41,500 $46,700 $51,850 $56,000
Persons in Household: 6 7 8
Low (80%)- Income: $60,150 $64,300 $68,450