Bienvenidos/ Welcome 4 Marzo, 2013/ March 4, 2013 TRUST South LA Abode Communities

Rough Development Timeline Milestone Date Site AcquisitionJuly 2012 Entitlement & Planning Approvals June October 2014 Building Permits October 2015 Financing June 2013 – November 2015 Construction December February 2017 Marketing & Lease Up February May 2017

Plano del Sitio

30% AREA MEDIAN INCOME ($25,000 for a family of four) No. of BedroomsSquare FeetNo. of UnitsRent 15733$ $518 31,0509$596 40% AREA MEDIAN INCOME ($33,000 for a family of four) No. of BedroomsSquare FeetNo. of UnitsRent 15732$ $705 31,0508$811 50% AREA MEDIAN INCOME ($41,500 for a family of four) No. of BedroomsSquare FeetNo. of UnitsRent 15734$ $891 31,05017$1,026 60% AREA MEDIAN INCOME ($49,000 for a family of four) No. of BedroomsSquare FeetNo. of UnitsRent 15734$ $1,077 31,0508$1,241

Tradeoffs/ Concesiones Cost of Owning a Car/ El costo de tener un auto

Low Car Ownership VEHICLES AVAILABLE% of total LA-Wide % of total South LA 0 7.5% 26% 1 28% 38% 2 37% 22% 3 or more 17% 14%

Cost of Parking/ El Coste de Estacionamiento $47,880 (per space) x 29 (# of spaces) $1,388,520