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EXHIBIT B <br />Timeline for SHIP Expenditures <br />Indian River County affirms that funds allocated for these fiscal years will meet the following <br />deadlines: <br />Fiscal Year <br />Encumbered <br />Expended <br />lst Year AR <br />2nd Year AR <br />Closeout AR <br />2018-2019 <br />6/30/2020 <br />6/30/2021 <br />9/15/2019 <br />9/15/2020 <br />9/15/2021 <br />2019-2020 <br />6/30/2021 <br />6/30/2022 <br />9/15/2020 <br />9/15/2021 <br />9/15/2022 <br />2020-2021 <br />1 6/30/2022 <br />6/30/2023 <br />9/15/2021 <br />9/15/2022 <br />9/15/2023 <br />If funds allocated for these fiscal years is not anticipated to meet any of the deadlines in the table <br />above, Florida Housing Finance Corporation will be notified according to the following chart: <br />Fiscal Year <br />Funds Not <br />Encumbered <br />Funds Not <br />Expended <br />111 Year AR <br />Not <br />Submitted <br />211 Year AR <br />Not <br />Submitted <br />Closeout AR <br />Not <br />Submitted <br />2018-2019 <br />3/30/2020 <br />3/30/2021 <br />6/15/2019 <br />6/15/2020 <br />6/15/2021 <br />2019-2020 <br />3/30/2021 <br />3/30/2022 <br />6/15/2020 <br />6/15/2021 <br />6/15/2022 <br />2020-2021 <br />3/30/2022 <br />3/30/2023 f <br />6/15/2021 <br />6/15/2022 <br />6/15/2023 <br />Requests for Expenditure Extensions (close-out year ONLY) must be received by FHFC by <br />June 15 of the year in which funds are required to be expended. The extension request shall <br />be emailed to robert.dearduff(a)floridahousing.org and terry.auringer(iDfloridahousing.org <br />and include: <br />1. A statement that "(city/county) requests an extension to the expenditure deadline for <br />fiscal year <br />2. The amount of funds that is not expended. <br />3. The amount of funds that is not encumbered or has been recaptured. <br />4. A detailed plan of how/when the money will be expended. <br />Note: an extension to the expenditure deadline (June 30) does not relieve the requirement to submit <br />(September 1 S) the annual report online detailing all funds that have been expended. Please email <br />terry.auringergfloridahousing.org when you are ready to "submit" the AR. <br />Other Key Deadlines: <br />AHAC reports are due for each local government the same year as the local government's LHAP <br />being submitted. Local governments receiving the minimum or less allocation are not required to <br />report. <br />— 20 — <br />F:\Community Development\SHIP\LHAP\2018-2021 LHAP\2018-2021 LHAP - final submittal.doc <br />29 <br />