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End -Year <br />Review/ <br />Adjustments <br />Fiscal Year 2008-2009 <br />FY <br />09/10 <br />FY <br />10/11 <br /># of Months Elapsed <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />6/ <br />08 <br />6/09 <br />6/10 <br />Encumbrance <br />Deadline <br />24 <br />36 <br />Month <br />June <br />J <br />A <br />S <br />0 <br />N <br />D <br />J <br />F <br />M <br />6/30/ <br />09 <br />M <br />Expenditure <br />Deadline <br />Advertise <br />Availability <br />of Funds <br />X <br />6/30/10 <br />Final Program <br />Review <br />Application <br />Period <br />X <br />6/30/10 <br />Fiscal Year 2008-2009 (July 1, 2008 - June 30, 2009) <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:\Community Development\Users\SHIP\NEW FISCAL YEAR DOCS\LHAP2006-2007.doc <br />50 <br />Fiscal Year 2008-2009 <br />FY <br />09/10 <br />FY <br />10/11 <br /># of Months Elapsed <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />24 <br />36 <br />Month <br />June <br />J <br />A <br />S <br />0 <br />N <br />D <br />J <br />F <br />M <br />A <br />M <br />J <br />Advertise <br />Availability <br />of Funds <br />X <br />Application <br />Period <br />X <br />Start Program <br />Year <br />X <br />Annual Report <br />9/15/ <br />09 <br />9/15/ <br />10and <br />9/15/ <br />11 <br />Mid -Year <br />Review/ <br />Adjustments <br />12/ <br />08 <br />End -Year <br />Review/ <br />Adjustments <br />6/09 <br />6/10 <br />6/10 <br />Encumbrance <br />Deadline <br />6/30/ <br />10 <br />Expenditure <br />Deadline <br />6/30/ <br />11 <br />Final Program <br />Review <br />6/30/ <br />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:\Community Development\Users\SHIP\NEW FISCAL YEAR DOCS\LHAP2006-2007.doc <br />50 <br />