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EXHIBIT 3 <br />First Street Apartments <br />Project Schedule <br />Milestone Date <br />City "C;ouxicil Approval o Project Based"Seotinn 8 �oucliers , <br />S/Sf2015 <br />Escrow Land Closing Date <br />8/31/2015 <br />P,lanning Cbitrnxssi6n Approval' o Ea�titlem0nts" '" <br />3/28/2016 <br />Estimated 9% Tax Credit Application Submittal <br />6/28/2017 <br />Estimated Tax Credit Partnership Closing 2/28/2018 <br />Estirrited Co3islruptrori'-'Mart - : 2%28/201$ ,' <br />Estimated Construction Completion 9/1/2019 <br />65A-14 <br />