Laserfiche WebLink
I <br />I <br />[eff. date] <br />Exhibit B <br />Timeline for SHIP Expenditures <br />Indian River County affirms that funds allocated for these fiscal years will meet the following deadlines: <br />Fiscal Year Encumbered <br />Expended. <br />151 Year AR <br />2nd Year AR <br />Closeout AR <br />2021-2022 6/30/2023 <br />6/30/2024 <br />9/15/2022 <br />9/15/2023. <br />9/15/2024 <br />2022-2023 6/30/2024 <br />6/30/2025 <br />9/15/2023 <br />9/15/2024 <br />9/15/2025 <br />2023-2024 6/30/2025 <br />6/30/2026 <br />9/15/2024 <br />9/15/2025 <br />9/15/2026 <br />1 <br />If funds allocated for these fiscal years is not anticipated to meet any of the deadlines in the table above, <br />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 />I <br />151 Year AR <br />Not <br />Submitted <br />2nd Year AR <br />Not <br />Submitted <br />Closeout AR <br />Not <br />Submitted <br />2021-2022 <br />3/30/2023 <br />3/30/2024 <br />6/15/2022 <br />6/15/2023 <br />6/15/2024 <br />2022-2023 <br />3/30/2024 <br />3/30/2025 <br />6/15/2023 <br />6/15/2024 <br />6/15/2025 <br />2023-2024 <br />3/30/2025 <br />3/30/2026 <br />6/15/2024 <br />6/15/2025 <br />6/15/2026 <br />Requests for Expenditure Extensions (close-outyear ONLY) must be received by FHFC by June 15 of the <br />year in which funds are required to be expended. The extension request shall be emailed to <br />robert.dearduff@floridahousing.ors and terry.aurineer@floridahousing.ors and include: <br />1. A statement that "(city/county) requests an extension to the expenditure deadline for fiscal <br />year <br />.I <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 (lune 30) does not relieve the requirement to submit <br />(September 15) the annual report online detailing all funds that have been expended. Please email <br />terry.aurineer@floridahousing.org when you are ready to "submit" the AR. <br />i <br />Other Key Deadlines: <br />I <br />AHAC reports are due for each local government the same year as the local government's LHAP being <br />submitted. Local governments receiving the minimum or less allocation are not required to report. <br />F:\Community Development\SH I P\LHAP\2021-2024 LHAP\2020 LHAP Revisions\BCC Item - LHAP\APPROVED FOR State REVIEW - 12-1-2020\Exhibit <br />B.docx I <br />27 <br />