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:*:/:ILy111W <br />Aug 18 Submittal of 4% Low -Income Housing Tax Credit Application <br />Oct 18 Allocation of 4% Low -Income Housing Tax Credits <br />Apr 19 Close of escrow <br />Jun 19 Construction initiated <br />Dec 20 Anticipated construction completion <br />La Placita Cinco — 2223 W. 5th Street <br />Dec 16 Developer submitted request for funds to CDA <br />Jun 17 Awarded City and Housing Successor Agency Funds <br />Jan 18 Planning entitlements approved <br />Jul 18 Submittal of 9% Low -Income Housing Tax Credit Application <br />Oct 18 Award of 9% Low -Income Housing Tax Credits <br />May 19 Close of Escrow <br />Jun 19 Construction initiated <br />Dec 20 Anticipated construction completion <br />Projects in Pre -Development <br />The Crossroads at Washington — 1126 and 1146 E. Washington Avenue <br />Aug 19 Submitted PSH application to County <br />Oct 19 Submitted for Planning entitlements <br />Oct 19 Community meeting <br />Nov 19 Approval of Joint Powers Agreement, Option to Ground Lease, Voucher <br />Resolution and Cooperation Agreement, and Regional Housing Needs <br />Assessment (RHNA) Agreement and Density Bonus <br />Dec 19 NEPA EA City Approval — City of Santa Ana submits NEPA EA to HUD <br />Feb 20 PSH Funds and Voucher approval from County Board of Supervisors <br />Feb 20 Planning entitlements approved <br />Mar 20 TCAC 9% Application — 1st Round 2020 <br />Jul 20 TCAC FCAA/9% Application — 2nd Round 2020 <br />Oct 20 TCAC FCAA/9% Award — 2nd Round 2020 <br />May 20 Assuming a 1st Round 2020 TCAC 9% Award Allocation, start design <br />development drawings <br />May 21 Submit for 1 st plan check <br />Oct 21 City issues permit ready letter <br />Oct 21 Construction loan closing <br />Oct 21 Start construction <br />Jan 23 Construction complete <br />Jun 23 Full occupancy <br />Page 2 of 5 <br />19D-14 <br />