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End- Year 6 / 6 / 09 6 / 10 <br /> Review/ 08 <br /> Adjustments <br /> Encumbrance 6 / 30 / <br /> Deadline 09 <br /> Expenditure 6 / 30 / 10 <br /> Deadline <br /> Final Program 6 / 30 / 10 <br /> Review <br /> Fiscal Year 2008 - 2009 ( July 1 2008 - LTune 30 , 2009 ) <br /> Fiscal Year 2008 - 2009 FY FY <br /> 09 / 10 10 / 11 <br /> # of Months Elapsed 1 2 3 4 56 7 8 9 10 11 12 24 36 <br /> Month June J A S O N D J F M A M J <br /> Advertise X <br /> Availability <br /> of Funds <br /> Application X <br /> Period <br /> Start Program X <br /> Year <br /> Annual Report 9 / 15 / 9 / 15 / <br /> 09 10and <br /> 9 / 15 / <br /> 11 <br /> Mid- Year 12 / <br /> Review / 08 <br /> Adjustments <br /> End- Year 6 / 09 6 / 10 6 / 10 <br /> Review/ <br /> Adjustments <br /> Encumbrance 6 / 30 / <br /> Deadline 10 <br /> Expenditure 6 / 30 / <br /> Deadline 11 <br /> Final Program 6 / 30 / <br /> Review M fl 11 <br /> • Advertise availability of funds and application period at least 30 days <br /> prior to application acceptance date <br /> • Encumbrance of funds ( 12 months following end of state FY ) <br /> • Expenditure of funds ( 24 months following end of state FY ) <br /> Annual report must be submitted to the FHFC by September 15 of each year . <br /> F:\Com wity Development\Users\SHIP\NEW FY DOCS\FY2006-2007THAP2006-2007 revised 092606 wderlined.dm <br /> 53 <br />