497 1 ahit-497_051718.htm DEFINITIVE MATERIALS ahit-497_050918

In Illinois, the AFL-CIO Housing Investment Trust has committed $969 million to 92 projects with 17,347 housing and healthcare units, as listed below. The total development cost of all projects is $2.0 billion, generating some 23.4 million hours of union construction work, since inception.*

Project Name

Location

Total Units

Jobs*

Commitment

Total Dev Cost

1

Bradford Court Apartments

Addison

200

122

$7,243,000

$15,174,797

2

Alden Gardens

Aurora

121

81

$14,369,500

$15,966,161

3

Alden Horizon at Waterford

Aurora

98

54

$2,952,000

$10,577,538

4

Alden of Waterford

Aurora

165

114

$19,440,000

$21,600,000

5

Sun Prairie at Fox Valley

Aurora

128

67

$10,145,100

$11,272,333

6

Linden Tower / Bensenville Apartment

Bensenville

153

82

$10,500,000

$11,550,000

7

Bloomingdale Horizon Senior Living

Bloomingdale

91

103

$3,325,000

$17,454,001

8

Bloomingdale Young Adult Residence

Bloomingdale

48

18

$2,621,100

$3,083,647

9

Terminals Buildings

Bloomingdale

52

29

$2,699,300

$2,969,230

10

Alden Valley Nursing Home

Bloomington

107

58

$7,801,000

$8,581,100

11

Pathway of River Oaks

Calumet City

109

68

$6,150,000

$13,748,400

12

Victory Center of Calumet City

Calumet City

105

73

$4,400,000

$14,970,571

13

2101 South Michigan Apartments

Chicago

250

247

$32,000,000

$41,850,326

14

30 East Adams Apartments

Chicago

176

222

$44,685,300

$49,755,134

15

Alden Northmoor Nursing Center

Chicago

198

82

$9,194,900

$10,114,390

16

Bronzeville Senior Apartments

Chicago

97

112

$8,792,000

$18,662,571

17

Eden Green Apartments

Chicago

258

254

$16,188,000

$33,529,405

18

Hazel Winthrop Apts

Chicago

30

38

$2,274,400

$6,278,333

19

Hearts United Apartments

Chicago

116

71

$5,700,400

$13,181,647

20

Hearts United Phase III

Chicago

53

39

$3,899,200

$8,046,102

21

Jackson Park Terrace

Chicago

312

295

$21,138,900

$36,690,000

22

JASC Kiero Nursing Home

Chicago

180

49

$6,502,000

$7,152,200

23

Kenmore Plaza Apartments

Chicago

324

112

$22,900,000

$60,686,283

24

Lake Meadows Phase I, II & III

Chicago

2,017

412

$41,325,800

$52,172,543

25

Lake Village East Apartments

Chicago

218

72

$14,300,000

$24,989,585

26

Lakeland HIV & Nursing Center

Chicago

300

82

$11,977,000

$13,174,700

27

Lakeview Towers

Chicago

500

218

$27,943,500

$27,860,000

28

Lathrop Homes Phase IA

Chicago

414

786

$22,000,000

$175,865,785

29

LaVergne Courts Apartments

Chicago

158

71

$8,210,400

$9,031,440

30

Lawless Gardens Apartments Phase I

Chicago

460

108

$13,400,000

$13,400,000

31

Lawless Gardens Apartments Phase II

Chicago

284

85

$10,900,000

$10,900,000

32

Lawndale Terrace and Plaza Court Apartment

Chicago

198

144

$11,940,000

$18,748,367

33

Liberty Village

Chicago

104

58

$4,667,000

$10,976,000

34

Loomis Courts Apartments

Chicago

126

174

$6,035,000

$22,938,538

35

Michigan Beach

Chicago

240

55

$6,390,100

$7,029,110

36

Montclare Senior Residences @ Avalon Park, Phase II

Chicago

122

103

$2,649,500

$22,416,068

37

Monteclare Senior Residences II

Chicago

180

153

$11,200,000

$24,500,000

38

North Center Senior Housing (Martha Wash. Apt.)

Chicago

104

111

$2,090,700

$18,450,000

39

North Town Village

Chicago

116

120

$2,575,000

$23,587,922

40

Paul G. Stewart Apartment III

Chicago

180

143

$16,296,000

$31,426,808

41

Paul Stewart Apartments

Chicago

90

33

$3,733,300

$4,106,630

42

Paul Stewart I & II

Chicago

420

421

$2,500,000

$59,000,000

43

Pioneer Gardens SLF

Chicago

132

125

$11,340,000

$20,808,460

44

Rainbows End

Chicago

55

7

$1,103,100

$1,225,667

45

Randolph Tower Apts

Chicago

310

1,005

$20,000,000

$148,233,500

     
            CONTINUED...

 

 

AFL-CIO Housing Investment Trust in Illinois

Since Inception (1984-1Q 2018)

Project Name

Location

Total Units

Jobs*

Commitment

Total Dev Cost

46 Roosevelt Independence Chicago 96 52 $4,889,800 $9,300,000
47 Roosevelt Towers - Phase I Chicago 126 86 $7,230,000 $14,330,000
48 Skyline Apartments (201 North Wells) Chicago 293 293 $23,742,900 $45,622,373
49 South Park Plaza Chicago 134 193 $8,800,000 $31,200,000
50 South Shore Beach Apartments Chicago 330 38 $2,564,700 $5,746,274
51 The Parkways Chicago 446 409 $24,815,000 $52,271,624
52 Victory Center of Roseland SLF Chicago 124 120 $8,050,000 $20,660,577
53 Victory Centre @ South Chicago Chicago 112 82 $10,685,000 $14,962,491
54 West Town Housing Preservation Chicago 318 542 $60,404,300 $121,182,660
55 Willard Square Apartments Chicago 100 36 $4,264,300 $4,738,111
56 Alden Nursing Center of Cicero Cicero 249 73 $9,804,300 $10,784,730
57 Victory Center at Sierra Ridge Country Club Hills 110 112 $8,200,000 $18,600,000
58 Myers Common Senior Housing Darien 91 84 $5,200,000 $13,994,011
59 Amber Manor DeKalb 228 63 $5,007,205 $8,359,812
60 DeKalb Heath Center DeKalb 90 34 $3,645,000 $4,288,235
61 Golf View Development Center Des Plaines 128 64 $9,225,000 $10,852,941
62 Alexian Village Elk Grove Village 104 100 $9,279,000 $16,208,553
63 Walchirk Perlman Apartments Evanston 201 140 $3,400,000 $24,164,944
64 Poplar Creek Village Hoffman Estates 121 123 $9,000,000 $21,041,063
65 Freedom Village Homewood 198 103 $8,200,000 $17,800,000
66 Arbor of Itasca Itasca 75 17 $2,261,000 $2,487,100
67 Liberty Meadows Estates Phase I Joliet 74 97 $3,514,000 $17,771,995
68 Liberty Meadows Estates, Phase II Joliet 42 41 $2,100,000 $8,126,827
69 Liberty Lakes Apartments Lake Zurich 70 37 $4,800,000 $5,280,000
70 Riverwalk Senior Lyons 120 64 $5,418,000 $12,978,591
71 Victory Center of Melrose Park Melrose Park 109 78 $7,150,000 $16,033,336
72 Mt. Vernon Senior Building Mt. Vernon 50 32 $992,500 $5,876,601
73 Meadowbrook Manor Naperville 225 87 $9,706,400 $10,677,040
74 Parkway Lakeside Apartments O'Fallon 232 147 $26,094,000 $28,160,111
75 Olney Nursing Care Center Olney 120 26 $3,527,800 $3,880,580
76 Alden Nursing Center Orland Park 200 109 $12,108,907 $14,245,773
77 John M. Evans Supportive Living Pekin 76 57 $5,617,500 $10,160,488
78 Riverdale Manor Senior Community ILF Riverdale 96 67 $1,600,000 $10,777,289
79 Renaissance/Goldman Rock Island 52 39 $1,700,000 $5,954,264
80 Valley View Apartments Rockford 167 61 $6,417,900 $10,500,000
81 Meadows Residential Home Rolling Meadows 98 25 $2,702,300 $3,179,176
82 Emerald Village Schaumberg 97 52 $3,050,000 $8,886,983
83 Alden Northshore of Skokie Skokie 93 53 $8,388,000 $9,868,235
84 Abraham Lincoln Gardens/Columbia Springfield 112 42 $5,339,300 $5,873,230
85 Columbia Tower Springfield 112 41 $5,300,000 $5,830,000
86 Homestead at Montvale Springfield 160 61 $6,000,000 $11,433,520
87 Villas at Crystal Lake Swansea 216 140 $23,736,300 $26,373,746
88 Eagle Ridge Apartments Waukegan 280 121 $20,646,700 $22,940,823
89 Northgate Apartments Waukegan 363 189 $30,808,300 $37,148,325
90 Woodstock Commons Woodstock 170 131 $11,400,000 $21,780,000
91 Barton Senior Residence SLF Zion 130 113 $8,950,000 $19,411,483
92 Zion Senior Cottages Zion 110 82 $5,740,000 $14,152,093
  TOTAL   17,347 11,632 $968,972,912 $1,989,631,300

* Figures provided by Pinnacle Economics are estimates calculated using an IMPLAN input-output model based on HIT and subsidiary Building America project data. Data current as of March 31, 2018.

Investors should consider the HIT’s investment objectives, risks and expenses carefully before investing. A prospectus containing more complete information may be obtained from the HIT by calling the Marketing and Investor Relations Department collect at 202-331-8055 or by viewing the HIT’s website at www.aflcio-hit.com. The prospectus should be read carefully before investing.

MAY 2018

AFL-CIO Housing Investment Trust in Illinois

Since Inception (1984-1Q 2018)