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NEIGHBORHOOD STABILIZATION PROGRAM /CDBG DEPARTMENT OF COMMUNITY AFFAIRS ACTIVITY WORK PLAN RECIPIENT Indian River County DATE PREPARED August 5 , 2009 CONTRACT NO . 10136 -4X- 10 -40 =01 - F13 ACTIVITY BUDGET $ 160 , 000 . 00 — Strategy 2 Date Start Date End Describe Proposed Action to be Undertaken or Contract Special # Units to be Proposed ( month & ( month & Condition completed by Homeownership year) year) Clearance Documentation " Date End " Assistance Regular to be submitted by " Date End " NSP $$ to be Requested b " Date End " Aug 2009 Oct 2009 Complete Environmental Review , Submit Request for Release of 0 0 . 00 Funds & Environmental Conditions & Obtain Release of Funds Sept 2009 Oct 2009 Submit Documentation to Clear Special Conditions 0 0 . 00 Solicit for, Select and Contract with Companies to Carry Out Due Sept 2009 Nov 2009 Diligence Elements (Appraisals , Title Searches , Mold Inspections , 0 0 . 00 etc . Oct 2009 Dec 2009 Solicit For Homes to Acquire and Secure Option Contracts 0 0 . 00 Oct 2009 Dec 2009 Solicit for, Select and Qualify Homebuyers 0 0 . 00 Nov 2009 Feb 2010 Perform Due Diligence (Appraisals , Title Searches , Mold 0 0 . 00 Inspections , etc . ) on Properties Jan 2010 Mar 2010 Acquire Properties from REO Is 0 0 . 00 Feb 2010 Apr 2010 Prepare Work Write- ups , Bid Out Renovations , Award and Execute 0 0 . 00 Renovation Contracts , Issue NTP to Renovation Contractors Mar 2010 June 2010 Renovate Properties 0 0 . 00 Mar 2010 July 2010 Homebuyers complete required counseling course 0 0 . 00 April 2010 July 2010 Final Inspection / Punchlist / Construction Complete 0 0 . 00 May 2010 Aug2010 Sell properties to qualified homebuyers 10 Housing Units $ 1601000 . 00 Sept 2010 1 Oct 2010 Submit Administrative Closeout 0 0 . 00 Note : More than one activity may be included per form . ( Rev . Aug 2004 )