AFL-CIO Housing Investment Trust
10/16/2025 | Press release | Distributed by Public on 10/16/2025 10:39
Prospectus by Investment Company (Form 497)
|
Projects Under Construction as of September 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 |
| 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 | 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 | $27,301,874 | $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 |
| 3Q2025 | Rochester Civic Center - Senior Affordable | Rochester | MN | 76 | 76 | 191,180 | $6,343,747 | $29,716,441 |
| 3Q2025 | Beltline Station - Building 1 | St. Louis Park | MN | 152 | - | 391,340 | $16,207,382 | $58,232,914 |
| 3Q2025 | Beltline Station - Building 3 | St. Louis Park | MN | 146 | - | 338,930 | $14,841,856 | $50,632,363 |
| 3Q2025 | St. Botolph Apartments | Boston | MA | 132 | 132 | 453,830 | $31,000,000 | $54,715,484 |
| 3Q2025 | Eleven Eleven Sutter Street - A | San Francisco | CA | 102 | 102 | 403,920 | $58,996,496 | $84,392,112 |
| 3Q2025 | Eleven Eleven Sutter Street - B | San Francisco | CA | 201 | - | 753,990 | $124,999,900 | $135,805,323 |
| 32 | HIT Projects (75% Include Affordable Units) | 5,372 | 3,003 | 20,361,750 | $990,409,142 | $2,571,374,463 |
|
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 |
| 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 |
| 6 |
Projects Receiving Building America CDE, Inc. New Markets Tax Credits Allocation |
835,285 | - | - | 1,673,290 | $54,000,000 | $238,481,051 | ||
| 38 | Grand Total | 5,372 | 3,003 | 22,035,040 | $1,044,409,142 | $2,809,855,514 |
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 October 16, 2025, and is solely responsible for the information contained herein. Distributed via EDGAR on October 16, 2025 at 16:39 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]