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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 . 10DB4X= 1040 -01 - F13 ACTIVITY BUDGET $ $ 29101 , 264 . 50 - Strategy 5 Page 2 of 2 Da7Start Date End Describe Proposed Action to be Undertaken or Contract Special # Units to be Proposed Proposed ( m ( month & Condition completed by Acquisition Rehabilitation yyear) Clearance Documentation " Date End " Regular NSP Single Family to be submitted by " Date End " $ $ to be Regular NSP Requested by $ $ to be " Date End " Requested by " 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 $ 20 , 000 . 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 ' s 0 $ 650 , 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 $ 230 , 000 . 00 April 2010 July 2010 Final Inspection / Punchlist / Construction Complete 0 0 . 00 $ 78 , 982 . 50 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 )