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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 . 10DB -4X- 10 -40 -01 - F13 ACTIVITY BUDGET $ 2, 101 , 264 . 50 - Strategy 1 Date Start Date End Describe Proposed Action to be Undertaken or # Units to be Proposed Proposed Proposed (month & ( month & Contract Special Condition completed by Regular NSP Public Services Rehabilitation year) 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 Nov 2009 Carry Out Due Diligence Elements (Appraisals , Title 0 0 . 00 0 . 00 0 . 00 Searches , Mold Inspections , etc . . Oct 2009 Dec 2009 Solicit For Homes to Acquire and Secure Option 0 $ 1001000 . 00 0 . 00 0 . 00 Contracts Oct 2009 Dec 2009 Solicit for, Select and Qualify Homebuyers 0 0 . 00 0 . 00 0 . 00 Nov 2009 Feb 2010 Perform Due Diligence (Appraisals , Title Searches , 0 0 . 00 0 . 00 0 . 00 Mold Inspections, etc. ) on Properties Jan 2010 Mar 2010 Acquire Properties from REO's 0 $ 11350700 . 00 0 . 00 0 . 00 Prepare Work Write-ups , Bid Out Renovations , Feb 2010 Apr 2010 Award and Execute Renovation Contracts , Issue 0 0 . 00 0 . 00 $ 30 , 000 . 00 NTP to Renovation Contractors Mar 2010 June 2010 Renovate Properties 0 0 . 00 0 . 00 $ 515 , 000 . 00 Mar 2010 July 2010 Homebuyers complete required counseling course 0 0 . 00 $ 51000 . 00 0 . 00 April 2010 July 2010 Final Inspection / Punchlist / Construction Complete 0 0 . 00 0 . 00 $ 101 , 264 . 50 Sell properties to qualified homebuyers 10 Housing 0 . 00 0 . 00 0 . 00 May 2010 Aug2010 units Sept 2010 Oct 2010 Submit Administrative Closeout 0 0 . 00 0 . 00 0 . 00 Note: More than one activity may be included per form . ( Rev. Aug 2004)