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EXHIBIT 3 <br />May 7, 2024 <br />Page 10 <br />Feb 24 Secured construction lending <br />Mar 24 Secured three lending partners for homebuyer loans <br />April 24 Planning Department approval <br />April 24 Submit grading / non-priority WQMP <br />April 24 Submit architectural plans at risk <br />May 24 Planning Commission approval <br />Jul 24 Building permit issued <br />Jul 24 Groundbreaking ceremony <br />Jul 24 Begin foundation construction <br />Sep 24 Framing day ceremony <br />Mar 25 Complete rough inspections <br />Mar 25 Construction Completion <br />Richard Lehn Intergenerational Housing – 918 N Bewley St. (Formerly <br />called Bewley St. Intergenerational Housing Project) <br />Nov 22 City of Santa Ana RFP submittal <br />Nov 22 Design development <br />Apr 23 Submitted plans to Planning Division <br />Jun 23 Community Development Commission approval of Pre-Commitment Letter <br />Jul 23 City Council approval of Pre-Commitment Letter <br />Aug 23 CalOptima HHIP funding application ($3,000,000) <br />Sep 23 Start environmental approval process (NEPA) <br />Sep 23 Sunshine Ordinance Community Meeting 1 <br />Oct 23 Sunshine Ordinance Community Meeting 2 <br />Oct 23 Planning Division approval to proceed with plan check <br />Oct 23 Received CalOptima HHIP funding ($3,000,000) <br />Jun 24 NEPA EA approval <br />Jun 24 HUD voucher approval <br />Jun 24 Building Division approval <br />Jul 24 City Council final approval <br />Jul 24 Pull construction permit <br />Jul 24 Start construction <br />Jul 24 Demolition <br />Sep 24 Rough framing complete <br />Nov 24 MEP complete <br />Jan 25 Construction complete <br />Jan 25 Commence Lease Up