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EXHIBIT 3 <br />Santa Ana United Methodist @hutch "Legacy Square" {609 North Spurgeon Street) <br />Aug -18 <br />Santa Ana CDA Funding Application <br />Dec -18 <br />Apply for NPLH and SNHP Funds <br />Jan -19 <br />Santa Ana Funding Award <br />Feb -19 <br />Planning Entitlements Approved <br />Feb -19 <br />AHSC Funding Application <br />May -19 <br />Award of SNHP Funds <br />Jun -19 <br />AHSC Funding Award <br />Aug -19 <br />Apply for 4% tax credits <br />Aug -19 <br />Apply for Tax -Exempt Bonds <br />Sep -19 <br />Construction Drawings (8-12 weeks) <br />Oct -19 <br />Award of 4% tax credits <br />Oct -19 <br />Award of Tax -Exempt Bonds <br />Dec -19 <br />Plan Check (12-16 weeks) <br />Jan -20 <br />Building Permit Issuance <br />Apr -20 <br />Construction Closing/Syndication <br />Apr -20 <br />Begin Construction (18 months) <br />Oct -21 <br />Construction Complete <br />Dec -21 <br />100% Fully Leased (2 months) <br />Page 4 of 4 <br />19D-18 <br />Tiny Tim Plaza - 2223 W. 5th St <br />Dec -16 <br />Developer Submitted Request for Funds to CDA <br />Jun -17 <br />Awarded City and Housing Successor Agency Funds <br />Jan -18 <br />Planning Entitlements Approved <br />Jul -18 <br />Submittal of 9% Low -Income Housing Tax Credit Application <br />Oct -18 <br />Award of 9% Low -Income Housing Tax Credits <br />May -19 <br />Anticipated Close of Escrow <br />May -19 <br />Anticipated Construction Initiated <br />Page 4 of 4 <br />19D-18 <br />