The court shall hold a hearing on the organization’s petition at which time the organization shall submit to the court a plan for the rehabilitation of the property and present evidence that the organization has adequate resources to rehabilitate and thereafter manage the property. For the purpose of developing such a plan, representatives of the organization may be permitted entry into the property by the court at such time and on such terms as the court may deem appropriate. Any defendant shall be given an opportunity to show cause why such organization should not be allowed to rehabilitate the property.