09/16/2025 | Press release | Distributed by Public on 09/16/2025 09:29
HIT's New Jersey Impact Investing (Since Inception - 8/31/25) |
36 |
$858.5M | $1.8B | 18.5M | 6,284 | $4.1B | ||
Projects |
Invested or Allocated |
Total Development Cost |
Hours of Union |
Units of Housing (29% affordable) |
Total Economic Impact |
Project Name | City |
Total Units |
Affordable Units |
Invested/ Allocated |
Barnegat | Barnegat | 120 | 120 | $4,581,900 |
Assisted Living of Berlin | Berlin | 115 | 115 | $10,430,285 |
Cooper Cancer Institute | Camden | - | - | $7,000,000 |
Woodland Care Center | Camden | 180 | 180 | $6,108,400 |
Assisted Living of Forked River | Forked River | 104 | 104 | $10,287,073 |
Excelsior II | Hackensack | 268 | 53 | $41,896,700 |
Regent Care Center | Hackensack | 180 | 180 | $8,120,131 |
333 River Street (South Waterfront) | Hoboken | 526 | 105 | $91,240,533 |
Hudson Square | Hoboken | 150 | 30 | $19,847,300 |
North Constitution Apartments | Hoboken | 138 | 27 | $23,426,100 |
North Independence | Hoboken | 185 | 37 | $45,995,800 |
South Constitution Apartments | Hoboken | 172 | 34 | $28,785,900 |
South Independence | Hoboken | 150 | 30 | $46,960,753 |
Sovereign Apartments | Hoboken | 261 | - | $68,000,000 |
Columbus Tower | Jersey City | 392 | - | $75,000,000 |
Hudson Exchange Phase II | Jersey City | 802 | - | $50,000,000 |
Pacific at Newport | Jersey City | 336 | 67 | $51,242,300 |
Southampton at Newport | Jersey City | 409 | 82 | $46,760,800 |
St. Peter's College (Mac Mahon Student Center) | Jersey City | - | - | $10,000,000 |
The Siena | Jersey City | 220 | 44 | $35,502,600 |
Tower of America East | Jersey City | 444 | 88 | $54,238,100 |
Tower of America West | Jersey City | 315 | 63 | $41,836,100 |
Chancery Apartments | Morristown | 108 | 21 | $12,535,200 |
New Brunswick Performing Arts Center | New Brunswick | - | - | $7,000,000 |
Riverwatch Commons | New Brunswick | 117 | 23 | $7,948,300 |
Halsey Street Teachers Village A | Newark | 123 | 25 | $10,000,000 |
Halsey Street Teachers Village B | Newark | 80 | 17 | $7,700,000 |
Health Center of Bloomingdale | Passaic County | 120 | 120 | $8,562,900 |
Straight & Narrow | Paterson | - | - | $11,000,000 |
NJ AIDS Scattered Housing I | Scattered Sites | 34 | 34 | $995,894 |
NJ AIDS Scattered Housing II | Scattered Sites | 30 | 6 | $813,161 |
Assisted Living of Vineland | Vineland | 115 | 115 | $10,203,965 |
Voorhees Pediatric Center | Voorhees | 90 | 90 | $4,473,100 |
Grand Total | 6,284 | 1,810 | $858,493,295 |
The projects listed above may not reflect HIT's current portfolio for any or all of the following reasons: (i) the assets related to the project(s) referenced in this list may no longer be held in the HIT's current portfolio; (ii) other assets in the HIT's current portfolio may have characteristics different from those shown in this list; and (iii) this list is not a complete list of all the projects financed by the HIT as of the date of this report. Building America CDE, Inc. is a portfolio investment of the HIT but, unless otherwise noted, its underlying projects are not held in the HIT's portfolio. Investors should consider the HIT's investment objectives, risks, and charges and expenses carefully before investing. This and other information is contained in the HIT's current prospectus. To obtain a current prospectus, call HIT Investor Relations at (202) 331-8055 or visit the HIT's website at www.aflcio-hit.com.
1227 25th Street, NW Suite 500 | Washington, DC 20037 | 202.331.8055 www.aflcio-hit.com |