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EXHIBIT 3 <br />Santa Ana United <br />Methodist @hutch "Legacy Square" {609 North Spurgeon Street) <br />Aug-18 <br />Santa Ana CDA Funding Application <br />Dec-18 <br />Apply for NPLH and SNHP Funds <br />Jan-19 <br />Santa Ana Funding Award <br />Feb-19 <br />Planning Entitlements Approved <br />Feb-19 <br />AHSC Funding Application <br />May-19 <br />Award of SNHP Funds <br />Jun-19 <br />AHSC Funding Award <br />Aug-19 <br />Apply for 4%tax credits <br />Aug-19 <br />Apply for Tax -Exempt Bonds <br />Sep-19 <br />Construction Drawings (8-12 weeks) <br />Oct-19 <br />Award of 4% tax credits <br />Oct-19 <br />Award of Tax -Exempt Bonds <br />Dec-19 <br />Plan Check (12-16 weeks) <br />Jan-20 <br />Building Permit Issuance <br />Apr-20 <br />Construction Closing/Syndication <br />Apr-20 <br />Begin Construction (18 months) <br />Oct-21 <br />Construction Complete <br />Dec-21 <br />100% Fully Leased (2 months) <br />Tiny Tim Plaza - 2223 W. Sth St <br />Dec-16 <br />Developer Submitted Request for Funds to CDA <br />Jun-17 <br />Awarded City and Housing Successor Agency Funds <br />Jan-18 <br />Planning Entitlements Approved <br />Jul-18 <br />Submittal of 9% Low -Income Housing Tax Credit Application <br />Oct-18 <br />Award of 9% Low -Income Housing Tax Credits <br />May-19 <br />Anticipated Close of Escrow <br />May-19 <br />Anticipated Construction Initiated <br />Page 4 of 4 <br />19D-18 <br />