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EXHIBIT 2 <br />Page 3 of 5 <br /> <br />Sep 21 CDLAC/TCAC 4% application <br />Dec 21 CDLAC/TCAC 4% award <br />May 22 Close on construction financing <br />Jun 22 Construction permits issued <br />Jun 22 Construction start <br />Feb 24 Construction complete <br />July 24 All units Leased <br />Nov 24 Perm Debt Conversion <br /> <br /> <br />Projects in Pre-Development <br /> <br />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 />Mar 21 Submitted OCHFT PSH NOFA Application <br />May 21 OCHFT PSH NOFA Award <br />Dec 21 Submit DTSC Equitable Community Revitalization Grant (ECRG) Pre-Qualifying <br />Application <br />Feb 22 Submit for 1st plan check <br />Mar 22 DTSC approves draft Removal Action Workplan; draft Removal <br />Implementaion Plan under review <br />Apr 22 DTSC ECRG Full Application <br />Jul 22 DTSC ECRG Award <br />Jul 22 City issues permit ready letter <br />Jul 22 Construction finance closing/Start construction <br />Nov 23 Construction complete <br />Mar 23 Full occupancy <br /> <br />FX Residences – 801, 809, 809 ½ E. Santa Ana Boulevard <br />Jan 19 Council approval for land lease and project funding <br />Jan 19 Submittal of application for NPLH funding <br />Feb 19 Confirm with City staff that project site can yield additional units under <br />existing zoning <br />Mar 19 Revise conceptual drawings for additional 5 units (17 total units, up from the <br />original 12 units)