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EXHIBIT 3 <br />Current Affordable Housing Development Project Timelines <br />Projects under Construction <br />Page 1 of 4 <br />1901-15 <br />First StreetLNp- —arbm —en t-sMr4401 E. IIF. irst 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 />Page 1 of 4 <br />1901-15 <br />Santa Ana Arts Collective -1666 N. Main St <br />Jun -15 <br />RFP Issued <br />Nov -15 <br />Approved HOME/CDBG Funds <br />Mar -16 <br />Submitted Application forAHSC (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 />Aug -19 <br />Revised Project Completion Dote * (Foundation/Building SeismkAdjustments) <br />Page 1 of 4 <br />1901-15 <br />Santa AnaVeterans;Uillage - 3312 W. First St <br />Dec -16 <br />RFP Issued for PBVs <br />Apr -17 <br />Approved HUD VASH PBVs <br />Jun -17 <br />Awarded HOME CHDO Funds <br />Jun -17 <br />Planning Entitlements Approved <br />Jan -18 <br />Awarded County Special Needs Housing Funds <br />Feb -18 <br />Submittal of 9% Low -Income Housing Tax Credit Application <br />Jun -18 <br />Award of 9% Low -Income Housing Tax Credits <br />Dec -18 <br />Close of Escrow <br />Feb -19 <br />Anticipated Construction Initiated <br />Mar -20 <br />Anticipated Construction Completion <br />Page 1 of 4 <br />1901-15 <br />