AFL-CIO Housing Investment Trust
07/15/2025 | Press release | Distributed by Public on 07/15/2025 07:42
Prospectus by Investment Company (Form 497)
|
Projects Under Construction as of June 30, 2025 |
|
Commitment/ Construction Start |
HIT Projects | City | State |
Total Units |
Affordable Units |
Union Construction Hours |
HIT Commitment |
Total Development Cost |
|
| 4Q 2020 | Residences @ 150 Bagley | Detroit | MI | 148 | 30 | 705,380 | $42,312,400 | $72,990,473 | |
| 2Q 2022 | Ladder 260 | Minneapolis | MN | 90 | 90 | 203,510 | $18,219,487 | $34,281,708 | |
| 4Q 2022 | Old Colony Phase 4 | Boston | MA | 104 | 104 | 562,100 | $27,432,000 | $84,684,476 | |
| 4Q 2022 | Old Colony Phase 5 | Boston | MA | 104 | 104 | 478,090 | $25,993,000 | $78,109,976 | |
| 4Q 2022 | Flat 9 at Whittier Phase 3 | Boston | MA | 119 | 107 | 824,920 | $26,645,000 | $125,475,018 | |
| 1Q 2023 | Mildred Hailey 1A | Boston | MA | 100 | 100 | 728,560 | $14,040,000 | $105,275,177 | |
| 1Q 2023 | Mildred Hailey 1B | Boston | MA | 123 | 123 | 611,020 | $16,020,000 | $88,887,626 | |
| 2Q 2023 | Hudson Exchange Phase II | Jersey City | NJ | 802 | - | 4,142,870 | $50,000,000 | - | |
| 3Q 2023 | Grace Manor Apartments | Chicago | IL | 65 | 65 | 252,230 | $4,109,600 | $30,215,493 | |
| 4Q 2023 | Island Terrace Apartments - A | Chicago | IL | 62 | 56 | 95,300 | $5,327,000 | $25,205,460 | |
| 4Q 2023 | Island Terrace Apartments - B | Chicago | IL | 178 | 161 | 272,550 | $17,152,000 | $71,932,325 | |
| 4Q 2023 | Imani Village Senior Residences | Chicago | IL | 70 | 70 | 247,830 | $2,171,000 | $27,085,749 | |
| 4Q 2023 | 6900 South Crandon Apartments | Chicago | IL | 151 | 151 | 130,890 | $16,836,000 | $46,975,331 | |
| 4Q2023 | South Shore HHDC Apartments | Chicago | IL | 126 | 126 | 140,900 | $17,536,400 | $44,053,288 | |
| 4Q2023 | Landmark Tower | St. Paul | MN | 187 | - | 616,680 | $18,660,000 | $97,079,980 | |
| 4Q2023 | 400 Lake Shore Drive | Chicago | IL | 635 | 127 | 3,316,100 | $55,000,000 | $543,305,000 | |
| 4Q2023 | The American Cooperative on Lake Phalen | Maplewood | MN | 56 | - | 254,300 | $20,956,900 | $34,267,507 | |
| 2Q2024 | Two Towers | East Moline | IL | 239 | 239 | 231,900 | $18,935,000 | $48,967,899 | |
| 2Q2024 | Park Plaza / North Creek | Minneapolis | MN | 253 | 253 | 419,940 | $48,950,000 | $74,715,357 | |
| 2Q2024 | Estoria Cooperative of Lakeville | Lakeville | MN | 89 | - | 339,980 | $19,152,300 | $41,138,350 | |
| 2Q2024 | Curtis Apartments | Worcester | MA | 129 | 129 | 681,270 | $13,061,000 | $97,502,520 | |
| 2Q2024 | Old Colony Phase Six | Boston | MA | 89 | 89 | 618,060 | $22,354,000 | $83,447,717 | |
| 2Q2024 | Union Tower | National City | CA | 94 | 94 | 579,270 | $27,241,874 | $85,488,798 | |
| 3Q2024 | Willa Rawls Manor | Chicago | IL | 123 | 123 | 73,410 | $23,770,000 | $46,375,332 | |
| 3Q2024 | The Villager & Briarwood West Apartments | Crystal Lake | IL | 116 | 116 | 66,490 | $16,525,000 | $30,737,309 | |
| 3Q2024 | Carville Park | Reno | NV | 209 | 209 | 321,860 | $28,265,500 | $64,654,609 | |
| 3Q2024 | Hale Moiliili Apartments | Honolulu | HI | 278 | 278 | 1,148,050 | $60,600,000 | $116,824,021 | |
| 4Q2024 | Mary Ellen McCormack - Building A | Boston | MA | 94 | 94 | 692,720 | $24,600,000 | $108,420,430 | |
| 2Q2025 | Estoria Cooperative Oak Marsh | Oakdale | MN | 87 | - | 325,400 | $21,464,400 | $44,694,970 | |
| 2Q2025 | Elizabeth Seton Young Adult Center | White Plains | NY | 96 | 96 | 752,990 | $132,236,300 | $137,410,685 | |
| 30 | HIT Projects (83% Include Affordable Units) | 5,016 | 3,134 | 19,834,570 | $835,566,161 | $2,490,202,584 |
|
Commitment/ Construction Start |
Building America CDE, Inc. Projects (HIT Subsidiary) |
City | State |
Square Feet |
Total Units |
Affordable Units |
Union Construction Hours |
New Markets Tax Credits Allocation |
Total Development Cost |
| 4Q 2021 | Destination Crenshaw | Los Angeles | CA | 40,000 | - | - | 198,690 | $8,000,000 | $48,557,521 |
| 1Q 2023 | Public Health Campus on Cedar | Philadelphia | PA | 448,467 | - | - | 661,180 | $15,000,000 | $89,223,192 |
| 1Q 2024 | The Wayman Palmer (Toledo) YMCA Community Hub | Toledo | OH | 192,281 | - | - | 250,800 | $8,000,000 | $29,451,888 |
| 1Q 2024 | Allentown Panel Shop (Marcon) | Allentown | PA | 173,000 | - | - | 557,300 | $8,000,000 | $52,010,000 |
| 3Q 2024 | Straight & Narrow | Paterson | NJ | 53,987 | - | - | 287,230 | $11,000,000 | $32,891,177 |
| 4Q 2024 | One Southside | Minneapolis | MN | 30,950 | - | - | 213,470 | $5,000,000 | $27,978,588 |
| 1Q 2025 | Belleville Clinic | Belleville | IL | 69,600 | - | - | 61,920 | $7,000,000 | $10,378,685 |
| 7 |
Projects Receiving Building America CDE, Inc. New Markets Tax Credits Allocation |
1,008,285 | - | - | 2,230,590 | $62,000,000 | $290,491,051 | ||
| 37 | Grand Total | 5,016 | 3,134 | 22,065,160 | $897,566,161 | $2,780,693,635 |
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 on this graphic 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 on this graphic; and (iii) this graphic 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.
AFL-CIO Housing Investment Trust published this content on July 15, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on July 15, 2025 at 13:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io