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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 . 10DB =4X = 10 =40 -01 - F13 ACTIVITY BUDGET $ $ 291011264. 500 — Strategy 5 Page 1 of 2 Date Start Date End Describe Proposed Action to be Undertaken or Contract Special # Units to be Proposed Proposed ( month & ( month & Condition completed by Acquisition Rehabilitation year) year) Clearance Documentation " Date End " NSPLI Single Family to be submitted by " Date End " $$ to be NSPLI $ $ to be Requested by Requested by " Date End " " Date End " Complete Environmental Review , Submit Request for Release Aug 2009 Oct 2009 of Funds & Environmental Conditions & Obtain Release of 0 0 . 00 0 . 00 Funds Sept 2009 Oct 2009 Submit Documentation to Clear Special Conditions 0 0 . 00 0 . 00 Solicit for , Select and Contract with Companies to Carry Out Sept 2009 Nov 2009 Due Diligence Elements (Appraisals , Title Searches , Mold 0 0 . 00 0 . 00 Inspections , etc . . Oct 2009 Dec 2009 Solicit For Homes to Acquire and Secure Option Contracts 0 $ 201000 . 00 0 . 00 Oct 2009 Dec 2009 Solicit for, Select and Qualify Tenants 0 0 . 00 0 . 00 Nov 2009 Feb 2010 Perform Due Diligence (Appraisals , Title Searches , Mold 0 $ 30 , 000 . 00 0 . 00 Inspections , etc . . ) on Properties Jan 2010 Mar 2010 Acquire Properties from REO Is 0 $ 700 , 000 . 00 0 . 00 Prepare Work Write- ups , Bid Out Renovations , Award and Feb 2010 Apr 2010 Execute Renovation Contracts , Issue NTP to Renovation 0 0 . 00 $ 10 , 000 . 00 Contractors Mar 2010 June 2010 Renovate Properties 0 0 . 00 $ 235 , 000 . 00 April 2010 July 2010 Final Inspection / Punchlist / Construction Complete 0 0 . 00 $ 871282 . 00 Lease properties to qualified tenants 10 Housing 0 . 00 0 . 00 -May 2010 Aug2010 Units Sept 2010 Oct 2010 Submit Administrative Closeout 0 0 . 00 0 . 00 Note : More than one activity may be included per form . ( Rev . Aug 2004 )