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The administration and implementation activities associated <br />with conducting the IRCLHAProgram may proceed at varied rates <br />throughout each fiscal year. The estimated rate at which each <br />of the activities may proceed throughout each fiscal year is <br />indicated in the following chart: <br />Month of Fiscal Year <br />Activity 1 2 3 4 5 6 7 8 9 10 11 12 <br />Adoption of LHAPlan* X <br />Submittal to FHFA* <br />Approval by FHFA* <br />Application Solicitation <br />Application Review <br />Application Approval <br />Expenditure of Funds <br />Compliance Monitoring <br />Fiscal Year Closeout (AOR) <br />X <br />X <br />X X X X <br />X X X X X X X X X X X <br />X X X X X X X X X X X X <br />X X X X X X X X X X X X <br />X X X X X X X X X X X X <br />X <br />* Activities to adopt and revise the <br />IRCLHAPlan shall be commenced prior to the end <br />of the Plan's effective duration period. For <br />years whereby the IRCLHAPlan's duration period <br />is not due to terminate, the plan may be <br />revised at the discretion of the county and <br />forwarded for review by the Florida Housing <br />Finance Agency. <br />