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Timeline <br />May 2,2022 <br />Project Homekey Round 2 <br />deadline <br />Highly competitive <br />June 2022 <br />State announces approval/denial <br />of Project Homekey applications <br />Fall/Winter 2022 <br />If City awarded Round 2 funding, <br />then project may be operational <br />by end of 2022/early 2023 or <br />State releases Project Homekey <br />Round 3 Request for Proposals <br />(RFP) <br />• Round 3 = City alternative plan <br />if Round 2 is denied