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EXHIBIT 3 <br />Page 4 of 4 <br /> <br />Dec 21 City Council Meeting (ministerial approval of density bonus) <br />Dec 21 City Council approval of additional $587,000 for construction costs <br />Feb 22 Building permit submittal <br />Apr 22 Closing calls to start for financing <br />Jul 22 Building and Grading Permit Approval <br />Aug 22 Begin construction (grading, weather permitting) <br />Nov 23 Completion of construction <br /> <br />Habitat for Humanity – 826 N. Lacy Street & 830 Lacy Street ( 416 Vance Street) <br />May 20 DDA signed <br />June 20 Prepare grading plans <br />Oct 20 Prepare architectural plans <br />Oct 20 Submit Neighborhood Review Application <br />Feb 21 Final Approval from Historic French Park Committee <br />Apr 21 Submit Site Review Application <br />Dec 21 Submit grading/ Non-Priority WQMP <br />Jan 22 Submit architectural plans <br />May 22 Planning Commission Approval <br />Jun 22 Grading permit issued <br />Jun 22 Commence Grading <br />Jul 22 Building Permits issued <br />Jul22 Begin construction <br />Jun 23 Anticipated construction completion <br />Jun23 Certificate of Occupancy / Closings <br /> <br />Westview House – 2530 Westminster Avenue <br />Oct 19 City of Santa Ana RFP submittal <br />May 20 OC 2020 Supportive Housing NOFA Submittal <br />Dec 20 OC 2020 Supportive Housing NOFA award <br />Jan 21 City of Santa Ana PBV Award <br />Jan 21 Construction/permanent debt commitments <br />Jan 21 Receive Entitlements <br />Jan 21 No Place Like Home application <br />Mar 21 OCHFT application <br />May 21 OCHFT Award <br />Jun 21 No Place Like Home commitment <br />Sep 21 CDLAC/TCAC 4% application <br />Dec 21 CDLAC/TCAC 4% award <br />Jun 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