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2024 <br />Exhibit B <br />Timeline for SHIP Expenditures <br />Exhibit B <br />Indian River County affirms that funds allocated for these fiscal years will meet the following deadlines: <br />Fiscal Year <br />Encumbered <br />Expended Interim Closeout <br />Report Report <br />2024-2025 <br />6/30/2026 <br />6/30/2027 9/15/2026 9/15/2027 <br />2025-2026 <br />6/30/2027 <br />6/30/2028 9/15/2027 9/15/2028 <br />2026-2027 <br />6/30/2028 <br />6/30/2029 9/15/2028 9/15/2029 <br />If funds allocated for these fiscal years is not anticipated to meet expenditure deadlines, Florida Housing <br />Finance Corporation will be notified according to the following chart: <br />Fiscal Year <br />Funds Not <br />Expended <br />Closeout AR <br />Not <br />Submitted <br />2024-2025 <br />3/30/2027 <br />6/15/2027 <br />2025-2026 <br />3/30/2028 <br />6/15/2028 <br />2026-2027 <br />3/30/2029 <br />6/15/2029 <br />Requests for Expenditure Extensions (close-out year 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.org and cameka.gardner@floridahousing.org and include: <br />1. A statement that "(city/county) requests an extension to the expenditure deadline for fiscal <br />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 15) the annual report online detailing all funds that have been expended. Please email <br />cameka.gardner@floridahousing.org when you are ready to "submit" the AR. <br />Other Key Deadlines: <br />AHAC reports are now due annually by December 31. Local governments receiving the minimum (or less) <br />allocation may choose not to report. <br />96 <br />