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Exhibit 3 <br />Current Affordable Housing Development Project Timelines <br />Depot at 5aAtiago - 923 . 5a iago St <br />Feb -13 <br />RFP Issued for HOME/CDBG Funds <br />May -13 <br />Awarded HOME/CDBG Funds <br />Jun -14 <br />Planning Entitlements Approved <br />Oct -14 <br />RFQ Issued for PBVs <br />Apr -15 <br />Submitted Application for AHSC (Cap & Trade Funds) <br />May -15 <br />Awarded PBVs <br />Jun -15 <br />Awarded AHSC (Cap & Trade) Funds <br />Sep -15 <br />9% Low-income Housing Tax Credits Awarded <br />Nov -15 <br />Relocation Plan Approved <br />May -16 <br />Building Permits Pulled/Construction Initiated <br />Mar -18 <br />Construction Completion <br />Apr -18 <br />Tenants Anticipated Move -In <br />Jun -18 <br />Grand Opening <br />19H-11 <br />Santa Ana Arts Collective - L666 N. Main 5t <br />Jun -15 <br />RFP Issued <br />Nov -15 <br />Approved HOME/CDBG Funds <br />Mar -16 <br />Submitted Application for AHSC (Cap & Trade Funds) <br />Sep -16 <br />Awarded AHSC (Cap & Trade) Funds <br />Nov -16 <br />9% Low -Income Housing Tax Credits Awarded <br />Dec -16 <br />Relocation Plan Approved <br />Jul -17 <br />Final Loan Approved/ Close of Escrow <br />Jul -17 <br />Planning Entitlements Approved <br />Jul -17 <br />Building Permits Pulled/Construction Initiated <br />Apr -19 <br />Anticipated Construction Completion <br />19H-11 <br />First Street Apa memts -1441 E. test St <br />Oct -15 <br />Developer Submitted Request for Funds to CDA <br />Apr -16 <br />Planning Entitlements Approved <br />Jun -17 <br />Awarded Successor Agency Funds <br />Jun -17 <br />Relocation Plan Approved <br />Sep -17 <br />9% Low -Income Housing Tax Credits Awarded <br />Jan -18 <br />Final Housing Authority Loan Approved <br />Mar -18 <br />Close of Escrow <br />Mar -18 <br />Construction Initiated <br />Aug -19 <br />Anticipated Construction Completion <br />19H-11 <br />