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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 . 10D !3 4X- 10 -40 - 01 -F13 ACTIVITY BUDGET $ $ 4 , 680 , 825 . 00 — Summary Pq 1 of 2 7Sept 70ct Describe Proposed Action to be Undertaken or # Units to be Proposed ProposedFea ed Contract Special Condition completed by Administration Acquisitiontion Clearance Documentation " Date End " Regular NSP NSPLI $ $ toSP $ $ to be submitted by " Date End " $$ to be be Requesteduested Requested by by " Date End " End " " Date End " Complete Environmental Review , Submit Request for Release of Funds & Environmental Conditions & 0 0 . 00 0 . 00 0 . 00 Obtain Release of Funds SubmitDocumentation to Clear Special Conditions 0 0 . 00 0 . 00 1 0 . 00 Solicit for , Select and Contract with Companies to Sept 2009 Mar 2010 Carry Out Due Diligence Elements (Appraisals , Title 0 $ 20 , 000 . 00 0 . 00 0 . 00 Searches , Mold Inspections , etc. . Apr 2010 July 2010 Solicit For Homes to Acquire and Secure Option 0 $ 41 , 700 . 00 $ 20 , 000 . 00 $ 120 , 00 . 00 Contracts Sept 2010 July 2011 Solicit for, Select and Qualify Homebuyers & 0 0 . 00 0 . 00 0 . 00 Tenants May 2010 Nov 2010 Perform Due Diligence (Appraisals , Title Searches , 0 0 . 00 $ 30 , 000 . 00 30 , 000 . 00 Mold Inspections , etc . . ) on Properties May 2010 Dec 2010 Acquire Properties from REO ' s 0 0 . 00 $ 788 , 041 . 71 $ 21112 , 132 . 40 Prepare Work Write- ups , Bid Out Renovations , June 2010 Apr 2011 Award and Execute Renovation Contracts , Issue 0 $ 30 , 000 . 00 0 . 00 0 . 00 NTP to Renovation Contractors June 2010 May 2011 Renovate Properties 0 $ 50 , 000 . 00 30 , 000 . 00 $ 80 , 000 . 00 Nov 2010 July 2011 Homebuyers complete required counseling course 0 0 . 00 0 . 00 66 , 669 . 40 Jul 2010 May 2011 Final Inspection / Punchlist / Construction Complete 0 $ 30 , 000 . 00 311958 . 29 0 . 00 Sell properties to qualified homebuyers , Lease 30 Housing $ 57 , 296 . 00 0 . 00 $ 246 , 801 . 56 Oct 2010 Aug2011 Properties to Qualified Tenants Units Au 2011 Sept 2011 Submit Administrative Closeout 0 $ 891300 . . 00 0 . 00 0 . 00 Note : More than one activity may be included per form . ( Rev . Aug 2004 )