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Reso 16432
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Reso 16432
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Last modified
7/28/2026 2:22:33 PM
Creation date
7/28/2026 2:22:07 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
7/27/2026
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Attachment 6 <br /> <br />Phasing Plan <br /> <br /> <br /> <br />It is anticipated that Eden Housing, Inc. or an affiliated limited partnership will receive the land as a <br />donation from Lane Partners (or their associated partnership) in prior to or at the end of 2026. Based <br />upon this timeline, we expect the project milestones to be as illustrated below. <br />Anticipated Schedule <br />Entitlements July 2026 <br />Land Transfer from Lane to Eden December 2026 <br />Soft Funding Approvals May 2027 <br />Soft Funding Tax Credit July 2028 <br />Funding and Tax Credit Awards December 2028 <br />Construction Start December 2029 <br />Construction End June 2031 <br />Temporary Cert of Occupancy June 2031 <br />Qualified Occupancy (95%/100%) December 2031 <br /> <br />ATTY/RESO.0052/ CC RESO APPROVING SUBSTITUTE SITE AS AFFORDABLE HOUSING SITE (705 VETERANS)(1900 BROADWAY DA) - EXHIBIT 1 <br />REV: 07-21-26 MI <br /> <br /> <br />Page 30 of 53
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