01/21/2026 | Press release | Distributed by Public on 01/21/2026 14:01
|
HIT's Massachusetts Investments (Since Inception - 12/31/25)* |
| 63 | 13 | $1.0B | 22.8M | 7,066 | $6.0B | ||
| Projects |
Cities Across Massachusetts |
Invested or Allocated |
Hours of Union Construction Work |
Units of Housing (90% affordable) |
Total Economic Impact |
| City/ Project | Total Units |
Commitment/ Allocation |
TDC |
| Attleboro | |||
| Hope Gardens | 160 | $2,503,600 | $9,591,445 |
| Boston | |||
| 95 Saint | 115 | $51,940,400 | $66,685,759 |
| 225 Centre Street | 103 | $15,415,000 | $64,187,051 |
| Adams Square Assisted Living | 100 | $8,049,700 | $8,854,670 |
| Back of the Hill | 125 | $4,000,000 | $27,356,765 |
| Bay View Residence | 67 | $4,048,894 | $4,453,783 |
| Blackstone Apartments | 145 | $42,804,660 | $72,800,962 |
| Boston Back Bay Board & Care | 85 | $8,985,400 | $9,883,940 |
| Building 104 | 46 | $3,969,000 | $4,365,900 |
| Casa Maria Apartments | 85 | $2,000,000 | $21,749,710 |
| Charlesview Apartments | 240 | $58,200,000 | $152,000,000 |
| Concord Street Elderly Housing (Anna Bissonnette House) | 41 | $500,000 | $5,641,870 |
| Cote Village | 76 | $20,116,000 | $49,049,428 |
| Dudley Municipal Center | - | $7,500,000 | $115,853,503 |
| Flat 9 at Whittier Phase 3 | 119 | $26,645,000 | $125,475,018 |
| Franklin Hill 1B | 24 | $300,000 | $12,491,787 |
| Franklin Park Apartments | 220 | $25,672,000 | $34,000,000 |
| Franklin Square Apartments | 193 | $47,330,000 | $75,462,270 |
| Georgetowne Homes One | 601 | $70,392,000 | $201,565,948 |
| Georgetowne Homes Two | 366 | $45,456,000 | $123,637,753 |
| Hemenway Apartments | 183 | $3,750,969 | $14,370,193 |
| Horizons Watermark | - | $8,000,000 | $63,342,427 |
| Lowell Square/West End Place | 183 | $12,122,000 | $31,737,494 |
| Lucerne Gardens | 48 | $1,050,000 | $1,155,000 |
| Mary Ellen McCormack - Building A | 94 | $24,600,000 | $108,420,430 |
| Maverick Landing | 92 | $2,016,630 | $28,758,581 |
| Mildred Hailey 1A | 100 | $14,040,000 | $105,275,177 |
| Mildred Hailey 1B | 123 | $16,020,000 | $88,887,626 |
| Oak Street Terrace | 88 | $5,016,300 | $5,517,930 |
| Old Colony Phase One | 116 | $26,700,000 | $56,844,708 |
| Old Colony Phase Three A | 135 | $47,880,000 | $64,040,973 |
| Old Colony Phase Three B | 115 | $42,449,000 | $61,054,733 |
| Old Colony Phase Three C | 55 | $36,430,000 | $26,506,507 |
| City/ Project | Total Units |
Commitment/ Allocation |
TDC |
| Boston (continued) | |||
| Old Colony Phase Two A | 45 | $12,435,000 | $22,211,272 |
| Old Colony Phase Two B | 84 | $21,050,000 | $39,236,796 |
| Old Colony Phase 4 | 104 | $27,432,000 | $84,684,476 |
| Old Colony Phase 5 | 104 | $25,993,000 | $78,109,976 |
| Old Colony Phase 6 | 89 | $22,354,000 | $83,447,717 |
| Rollins Square | 184 | $30,215,245 | $46,800,000 |
| South Cove Manor | 100 | $4,033,700 | $4,437,070 |
| St. Botolph Apartments | 132 | $31,000,000 | $54,715,484 |
| The Carruth | 116 | $5,110,000 | $48,624,416 |
| Washington Beech | 56 | $13,500,000 | $25,517,516 |
| Cambridge | |||
| University Park at MIT | 135 | $22,500,000 | $34,668,000 |
| Chelsea | |||
| Cottage Manor Nursing Home | 82 | $5,408,000 | $5,948,800 |
| Holyoke | - | ||
| Massachusetts Green High Performance | |||
| Computing Center | - | $5,600,000 | $78,795,740 |
| Lynn | |||
| Gateway North | 71 | $19,444,000 | $31,130,857 |
| Rolfe House | 70 | $930,290 | $3,564,000 |
| Mashpee | |||
| Asher's Path | 56 | $2,440,055 | $9,348,000 |
| New Bedford | |||
| Regency Tower | 129 | $16,420,000 | $31,195,797 |
| Newburyport | |||
| Heritage House | 101 | $1,760,086 | $6,743,000 |
| Quincy | |||
| Squantum Gardens | 223 | $5,450,000 | $47,288,011 |
| Springfield | |||
| Caring Health Center | - | $9,000,000 | $21,561,650 |
| Various Cities | |||
| MassHousing Pooled Deals | 500 | $27,235,000 | $27,235,000 |
| Worcester | |||
| Bet Shalom I | 71 | $4,114,417 | $4,571,574 |
| Curtis Apartments | 129 | $13,061,000 | $97,502,520 |
| Curtis Apartments Phase II | 150 | $20.095,000 | $146,589,187 |
| Hadley Building Apartment | 45 | $1,120,000 | $15,827,868 |
| YWCA of Central Massachusetts | 45 | $9,000,000 | $24,875,180 |
| Total | 7,066 | $1,042,603,346 | $2,914,383,238 |
* Job and economic impact figures are estimates calculated using IMPLAN, an input-output model, based on HIT and HIT subsidiary Building America CDE, Inc. project data. Data is since inception, current as of December 31, 2025. Economic impact data is in 2024 dollars and all other figures are nominal. 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 table 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 table; and (iii) this table 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 |