Nine Mile Hill Ranch ("the Project") is located in Tehama County in Northern California. The Project consists of an "Active Adult" master-planned community consisting of 3,700 homes and 230,000 square feet of project-serving retail space The Project is fully entitled and ready for construction. It is the only shovel-ready, fully entitled, master-planned, multi-thousand-unit development opportunity in Northern California (and perhaps the entire state of California) for the Active Adult Housing Market.