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in NEIGHBORHOOD STABILIZATION PROGRAM/CDBG DEPARTMENT OF COMMUNITY AFFAIRS ACTIVITY WORK PLAN RECIPIENT Indian River County DATE PREPARED August S. 2009 CONTRACT NO. I0DB-4X-10-40-01-FI3 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 by"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 Perform Due Diligence(Appraisals,Title Searches, Mold Nov 2009 Feb 2010 0 0-00 Ins p ctions, etc.) on Properties ------------- Jan 2010 Mar 2010 Acquire Properties from REO's 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 Mai-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 — Sell properties to qualified homebuyers 10 Housing $ 160,000.00 May_201 0 2010 Units Sept2010 , Oct 2010 Submit Administrative Closeout 0 1 0-00 ............. Note: More than one activity may be included per form. (Rev.Aug 2004)