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EXHIBIT 3 <br />Current Affordable Housing Development Project Timelines <br />Projects under Construction <br />First <br />Street Apartments -1440 E. First 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 />Sept-19 <br />Anticipated Construction Completion <br />anta Ana Arts Gdllective -1666 N. Main st <br />ueded <br />HOME/CDBG Funds <br />7Jun-15RFP <br />tted Application for AHSC (Cap &Trade Funds) <br />ed AHSC (Cap & Trade) Funds <br />w-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 />Oct-19 <br />Revised Project Completion Date * (Foundation/Building Seismic Adjustments) <br />Santa Ana Veterans Village - 83121N. 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 />Feb-20 <br />Anticipated Construction Completion <br />Page 1 of 4 <br />19F-13 <br />