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What happens to ARRA funds that have not been obligated by the due date?

arra funds happens obligated
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What happens to ARRA funds that have not been obligated by the due date?

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There are redistribution requirements after certain timeframes. For most types of funding, funds not obligated by September 30, 2010 will lapse and funds not expended by September 30, 2015 will expire. See the implementing guidance for more details.

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