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EXHIBIT 3 <br />May 7, 2024 <br />Page 3 <br />May 22 Close on construction financing <br />Jun 22 Construction permits issued <br />Jun 22 Construction start <br />Nov 22 Groundbreaking Ceremony <br />Dec 22 Grading activities completed and concrete poured <br />Apr 23 Floor sheathing and pre-rough complete in buildings A and B <br />Jun 23 Rough framing and roofing are complete <br />Jun 23 Window installation in both buildings <br />Jul 23 Working on utility rough-ins <br />Jul 23 Roof Truss in Building B <br />Jul 23 Drywall Production <br />Jan 24 Initial Lease up Calls <br />Feb 24 SCE Redesign needed <br />Apr 24 Lease Up Continued <br />Apr 24 Buildings and Site Complete (except Power) <br />Jun 24 Building/Equipment testing with power <br />July 24 TCO received <br />Nov 24 All units leased <br />Apr 25 Perm debt conversion <br />Crossroads at Washington – 1126, 1136 and 1146 E. Washington <br />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