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EXHIBIT 3 <br />Current Affordable Housing Development Project Timelines <br />Projects Completed <br />Casa Querencia — formerly Aqua Housing — 317 E. 17th Street <br />Dec 16 RFP Issued for PBVs <br />Apr 17 Approved PBVs <br />Jun 17 Planning entitlements approved <br />Jun 17 Approved additional PBVs <br />Jan 18 Awarded County Special Needs Housing Funds <br />Jan 18 Submitted application for HCD Infill Infrastructure Funds <br />Jun 18 Award of HCD Infill Infrastructure Funds <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 Construction completion <br />Mar 21 100% lease -up achieved <br />Projects Under Construction <br />La Placita Cinco— 2223 W. 51h 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 />Jan 21 Anticipated construction completion <br />Legacy Square — 609 North Spurgeon Street <br />Aug 18 <br />Santa Ana CDA Funding Application <br />Dec 18 <br />Applied for NPLH and SNHP Funds <br />Jan 19 <br />Santa Ana funding award <br />Feb 19 <br />Planning entitlements approved <br />Feb 19 <br />Applied for Round 4 AHSC Funding <br />May 19 <br />Award of SNHP funds <br />Jul 19 <br />Applied for Round 1 MHP <br />Nov 19 <br />Applied for State 4% tax credits <br />Jan 20 <br />Construction drawings (8-12 weeks) <br />Feb 20 <br />Apply for Round 5 AHSC funding <br />City Council ' uyo ' , 7— 11 514/2021 <br />