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NEIGHBORHOOD STABILIZATION PROGRAM/CDBG DEPARTMENT OF COMMUNITY AFFAIRS ACTIVITY WORK PLAN RECIPIENT Indian River County DATE PREPARED December 29 , 2010 CONTRACT NO . 101313 -4X- 10 -40 -01 -F13 ACTIVITY BUDGET $ 2 , 261 , 264 . 50 - Strategy 1 7Date Start Date End Describe Proposed Action to be Undertaken or # Units to be Proposed Proposed Proposed nth & ( month & Contract Special Condition completed by Regular NSP Public Services Rehabilitation ar) year) Clearance Documentation " Date End " Acquisition Housing Single Family to be submitted by " Date End " $ $ to be Counseling Regular NSP Requested by Regular NSP $ $ to be " Date End " $$ to be Requested by Requested by " Date End " " Date End " Complete Environmental Review , Submit Request Aug 2009 Oct 2009 for Release of Funds & Environmental Conditions & 0 0 . 00 0 . 00 0 . 00 Obtain Release of Funds - Sept 2009 Oct 2009 Submit Documentation to Clear Special Conditions 0 0 . 00 0 . 00 0 . 00 Solicit for , Select and Contract with Companies to Sept 2009 Mar 2010 Carry Out Due Diligence Elements (Appraisals , Title 0 0 . 00 0 . 00 0 . 00 Searches , Mold Inspections , etc . . Apr 2010 July 2010 Solicit For Homes to Acquire and Secure Option 0 $ 100 , 000 . 00 0 . 00 0 . 00 Contracts Sept 2010 July 2011 Solicit for , Select and Qualify Homebuyers 0 0 . 00 0 . 00 0 . 00 May 2010 July 2010 Perform Due Diligence (Appraisals , Title Searches , 0 0 . 00 0 . 00 0 . 00 Mold Inspections , etc . on Properties May 2010 July 2010 Acquire Properties from REO ' s 0 $ 1 , 327 , 132 . 40 0 . 00 0 . 00 Prepare Work Write- ups , Bid Out Renovations , May 2010 Aug 2010 Award and Execute Renovation Contracts , Issue 0 0 . 00 0 . 00 $ 30 , 000 . 00 NTP to Renovation Contractors June 2010 Oct 2010 Renovate Properties 0 $ 800000 . 00 0 . 00 $ 2373000 . 00 Nov 2010 July 2011 Homebuyers complete required counseling course 0 667669 . 40 $ 31000 . 00 0 . 00 July 2010 Dec 2010 Final Inspection / Punchlist / Construction Complete 0 0 . 00 0 . 00 $ 170 , 661 . 14 Sell properties to qualified homebuyers 16 Housing $ 246 , 801 . 56 0 . 00 0 . 00 Nov 2010 Au 2011 units Au 2011 Sept 2011 Submit Administrative Closeout 0 0 . 00 0 . 00 0 . 00 Note : More than one activity may be included per form . ( Rev . Aug 2004)