497 1 ahit-497_010820.htm DEFINITIVE MATERIALS

 

 

 

  Projects Under Construction
as of December 31, 2019

 

 

Project Name City State Units Union Const Hrs HIT Commitment TDC
Paul G. Stewart Apartments III Chicago IL 180 288,030 $16,296,000 $31,426,808
Cherry Street Lofts Phase I Bridgeport CT 157 471,410 $35,000,000 $54,382,955
West Town Housing Preservation Chicago IL 318 1,088,890 $60,404,300 $121,182,660
The Fountains of Ellisville Ellisville MO 229 174,840 $17,517,500 $18,213,929
1500 Nicollet Minneapolis MN 183 539,150 $34,120,000 $61,736,138
Lathrop Homes Phase 1A Chicago IL 414 1,580,250 $22,000,000 $175,865,785
Union Flats St. Paul MN 217 615,780 $30,630,000 $68,476,863
30 East Adams Apartments Chicago IL 176 447,080 $44,685,300 $49,755,134
Green on Fourth Apartments Minneapolis MN 243 505,110 $42,654,700 $56,169,929
Pioneer Apartments St. Paul MN 143 403,670 $14,475,000 $48,739,737
Zvago Cooperative at Central Village Apple Valley MN 58 163,970 $15,815,400 $19,680,017
Elevate at Southwest Station Eden Prairie MN 222 541,000 $49,500,000 $63,510,988
The Chamberlain Richfield MN 316 420,570 $48,277,000 $62,509,690
Montclare Senior Residences of Calumet Heights Chicago IL 134 464,000 $9,200,000 $32,721,472
Church & State (Project 29) Cleveland OH 158 459,220 $39,000,000 $54,834,231
Riverdale Station West Coon Rapids MN 71 138,730 $6,925,000 $17,489,676
Riverdale Station East Coon Rapids MN 180 325,650 $28,350,000 $38,273,494
1490 Southern Boulevard Bronx NY 115 456,530 $35,000,000 $59,120,711
Montclare Senior Residences of Englewood Chicago IL 102 352,240 $2,300,000 $25,397,680
Mark Twain Apartments Chicago IL 148 185,700 $27,278,700 $39,905,499
Ya Po Ah Terrace Condo B Eugene OR 112 177,980 $7,879,300 $32,226,372
Ya Po Ah Terrace Condo A Eugene OR 109 136,270 $7,405,000 $29,179,063
Lake Street Apartments Minneapolis MN 111 221,440 $13,500,000 $27,554,885
Betances Residence Bronx NY 152 633,290 $52,000,000 $98,000,000
95 Saint Apartments (Longwood II Apartments) Boston MA 115 478,300 $51,940,400 $66,685,759
Bassett Creek Apartments Minneapolis MN 139 344,690 $33,609,500 $37,616,980
Zvago Cooperative at Lake Superior Duluth MN 51 176,940 $14,033,700 $18,436,578
The Block at 803 Waimanu Honolulu HI 153 375,700 $17,137,500 $54,228,601
Old Colony Phase 3A Boston MA 135 511,510 $48,060,000 $64,040,972
Cote Village Mattapan MA 76 415,960 $20,116,000 $49,049,428
Parker Station Flats Robbinsdale MN 198 508,780 $41,393,900 $53,082,171
Sundance at Settler's Ridge Woobury MN 218 544,190 $53,545,900 $69,580,136
Gateway Northeast Minneapolis MN 128 273,760 $20,950,000 $38,660,971
18th Sixth Avenue at Pacific Park Brooklyn NY 858 3,881,830 $100,000,000 $710,000,000
HIT-Financed Projects 34   6,319 18,302,460 $1,061,000,100 $2,447,735,312

 

 

Building America CDE City State Sq. Ft. Union Const Hrs NMTC Allocation TDC
Joseph P. Addabbo Family Health Center Queens NY 44,500 216,970 $8,000,000 $23,420,528
Providence Public Library Providence RI 83,000 288,940 $8,000,000 $23,268,692
Horizons-Watermark Center Boston MA 211,000 455,850 $8,000,000 $62,076,217
Altgeld Family Resource Center Chicago IL 40,000 252,760 $10,000,000 $28,115,001
Powel-Science Leadership Academy Middle School Philadelphia PA 90,000 340,525 $9,000,000 $49,873,280
Renaissance Village Welch WV 20,700 98,950 $9,000,000 $9,330,000
Projects Receiving BACDE NMTC Allocations 6   489,200 1,653,995 $52,000,000 $196,083,718
             
Grand Total 40     19,956,455   $2,643,819,030

 

 

*Job hours figures are estimates calculated using IMPLAN, an input-output model, based on HIT and subsidiary Building America project data.

The data is current as of December 31, 2019.

This document provides information about a project or projects financed by the HIT which may or may not be reflective of other financed projects or refer to an asset currently held in the HIT’s portfolio. Investors should consider the HIT’s investment objectives, risks, charges, and expenses carefully before investing. This and other information is contained in HIT’s prospectus, available at aflcio-hit.com or by calling 202-331-8055. The prospectus should be read carefully before investing.