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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 . 10D13 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 year) year) Clearance Documentation " Date End " Regular NSP Single Family to be submitted by " Date End" $$ to be Regular NSP Requested by $$ to be " Date End" Requested by Complete Environmental Review, Submit Request for Release " Date End" Aug 2009 Oct 2009 of Funds & Environmental Conditions & Obtain Release of 0 0. 00 0 . 00 Funds Sept 2009 Oct 2009 Submit Documentation to Clear Special Conditions 0 0 . 00 0. 00 Solicit for, Select and Contract with Companies to Carry 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 $ 201000 . 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 Inspections , etc . . on Properties $ 30 , 000. 00 0 . 00 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 / Construction Complete 0 0 . 00 $ 78 , 982 . 50 Lease properties to qualified tenants 10 Housing 0 May 2010 Aug2010 Units . 00 0 . 00 Sept 2010 Oct 2010 Submit Administrative Closeout 0I r� 0 . 00 0 . 00 Note : More than one activity may be included per form . ( Rev. Aug 2004)