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`3 in A a NEIGHBORHOOD STABILIZATION PROGRAM/CDBG DEPARTMENT OF COMMUNITY AFFAIRS 3 ACTIVITY WORK PLAN RECIPIENT Indian River County DATE PREPARED August 5, 2009 CONTRACT NO. 10DB-4X-10-40-01-F13 ACTIVITY BUDGET $ $2,101,264.50-Strategy 5 Page 2 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 3 year) year) Clearance Documentation "Date End" Regular NSP Single Family to be submitted by"Date End" $$to be Regular NSP p Requested by $$to be "Date End" Requested by 3 "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 W Sept 2009 Oct 2009 Submit Documentation to Clear Special Conditions 0 0.00 0.00 Solicit for,Select and Contract with Companies to Cary 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 I 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 1 Submit Administrative Closeout 0 0.00 0.00 Note: More than one activity may be included per form_ (Rev.Aug 2004)