497 1 ahit-497_062220.htm AFLCIO HIT MN STATE LIST SINCE INCEPTION

 

  Minnesota Projects Since Inception
as of May 31, 2020

 

Project Name City State Total
Units
Affordable
Units
HIT Commitment TDC Hours of Union
Construction Work
Salem Green Apts. Inver Grove Heights MN 320 64 $9,602,100 $10,562,310 151,670
Bay Point Estates Apts. Duluth MN 76 15 $4,055,100 $4,460,610 64,050
Colonial Manor Mankato MN 95 19 $1,246,000 $1,370,600 19,680
Engles Estates Brooklyn Park MN 126 25 $3,100,000 $3,410,000 48,970
Haven Homes Hastings MN 107 107 $3,045,300 $3,349,830 48,100
Brandt Jens Kluge St. Paul MN 36 7 $744,015 $818,417 11,410
Fernbrook Townhomes Plymouth MN 72 14 $5,261,300 $5,787,430 80,660
Beaver Creek/Pondview Maplewood MN 60 12 $2,636,300 $2,899,930 39,260
The Meadows Townhomes Hermantown MN 168 34 $8,954,400 $9,849,840 133,350
Babcock Trail Townhomes Minneapolis MN 100 20 $6,500,000 $7,254,600 124,430
Eden Lake Townhomes Eden Prairie MN 40 8 $3,150,900 $3,465,990 45,730
Plymouth Townhomes Minneapolis MN 140 28 $2,512,100 $2,763,310 47,400
The LaSalle Minneapolis MN 121 24 $4,994,800 $5,494,280 72,490
Regency Park Eden Prairie MN 86 17 $9,041,900 $10,046,556 128,940
Realife Cooperative of Burnsville Burnsville MN 120 120 $7,984,400 $8,871,556 113,860
Gramercy Park of St. Paul St. Paul MN 111 22 $7,831,000 $8,701,111 108,490
Gramercy Park Cooperative Rochester MN 87 17 $5,586,080 $6,206,756 100,600
Parkway Coop of Burnsville Burnsville MN 102 20 $7,218,200 $8,020,222 100,000
Hills of Eden Prairie Eden Prairie MN 37 7 $4,134,400 $4,593,778 55,970
Realife of Brooklyn Park Brooklyn Park MN 99 19 $7,516,000 $8,351,111 101,750
Summit Townhomes Burnsville MN 114 22 $15,284,700 $16,983,000 208,920
Woodland Elders Assisted Living Woodbury MN 64 64 $4,095,000 $4,817,647 58,700
Mount Royal Pines III Duluth MN 54 54 $3,600,000 $4,123,077 45,810
Realife Cooperative of Valley View Eden Prairie MN 94 18 $8,190,000 $10,048,972 111,650
Realife Cooperative of Bloomington Bloomington MN 78 78 $6,300,000 $7,259,996 80,670
Gramercy Park Duluth Duluth MN 74 14 $6,062,000 $7,646,267 83,140
Realife Cooperative of Mounds View Mounds View MN 74 14 $5,632,000 $6,868,888 74,690
Creekside Apartments Plymouth MN 204 40 $17,604,400 $18,083,366 196,620
Heritage Landing Minneapolis MN 225 45 $28,103,600 $28,060,378 305,100
Meadowood Shores New Brighton MN 106 21 $8,916,200 $9,889,176 107,520
Parkwood Shores Assisted Living Facility St. Louis Park MN 46 46 $8,723,300 $10,330,609 108,660
Summerhill Coop of Bloomington Bloomington MN 40 8 $6,606,000 $6,900,000 72,570
Summerhill Coop of Eden Prairie Eden Prairie MN 48 9 $8,126,000 $9,800,000 103,070
Realife Cooperative of West St. Paul West St. Paul MN 97 19 $8,175,000 $10,574,099 111,220
Longstreet Apartments Maple Grove MN 264 52 $25,150,000 $27,600,000 290,290
Sibley Park Apartments St. Paul MN 114 46 $9,700,000 $16,160,921 169,980
Colony Square Cooperative Grand Rapids MN 37 7 $3,951,700 $4,854,448 49,550
Marian Center of St. Paul St. Paul MN 127 127 $13,620,000 $14,323,877 146,510
Excelsior & Grand Apartments St. Louis Park MN 337 18 $55,528,000 $61,706,046 820,530
Regent at Plymouth Plymouth MN 120 120 $18,200,000 $19,222,852 193,560
Summit Place ALF Eden Prairie MN 95 95 $13,888,000 $15,400,000 155,060
Summit Place Apartments Eden Prairie MN 171 43 $19,248,000 $23,200,000 233,600
Waterstone Place Apartments Minnetonka MN 164 33 $18,600,000 $20,800,000 209,440
Wyngate Townhomes Burnsville MN 50 38 $7,627,900 $7,800,000 78,540
Stone Creek Village Plymouth MN 130 34 $12,550,000 $20,800,000 272,880
1900 Central/VOA Senior Housing Minneapolis MN 51 11 $5,842,100 $6,700,000 87,900
Falcon Heights Town Square -- Seniors Falcon Heights MN 56 11 $6,000,000 $7,500,000 127,910
Lakewood Place Apartments White Bear Lake MN 60 12 $6,178,000 $6,400,000 83,960
Parkway Coop of Burnsville (Mortgage Refinance) Burnsville MN 0 0 $7,680,200 $7,680,200 0
Grand Itasca Clinic & Hospital Grand Rapids MN 64 12 $42,100,000 $59,050,000 980,850
Blaine Town Square Senior Housing Blaine MN 87 70 $9,530,000 $11,270,000 144,000
Falcon Heights Mixed Income Falcon Heights MN 119 50 $11,780,000 $20,060,000 256,310
Heritage Park III Minneapolis MN 95 55 $3,689,000 $19,903,345 254,310
University & Dale St. Paul MN 98 79 $6,500,000 $15,252,312 194,880
Cecil Newman Apartments Minneapolis MN 64 64 $4,000,000 $11,164,482 179,370
Phalen Senior Lofts St. Paul MN 73 73 $5,650,000 $11,053,002 136,590
The Jourdain Minneapolis MN 41 32 $3,165,000 $8,260,000 102,080
Clover Field Market Place Chaska MN 117 59 $9,513,800 $18,323,500 213,280
St. Anthony Mills Apartments (Mortgage Refinance) Minneapolis MN 93 93 $6,108,078 $12,510,176 0
Wellstone Apartments Minneapolis MN 49 37 $4,114,000 $13,125,842 152,780
Winnipeg Apartments St. Paul MN 56 56 $2,950,000 $11,926,033 138,820
Solhem Apartments (Uptown House) Minneapolis MN 60 0 $10,700,000 $12,988,106 147,570
Inver Glen Senior Housing Inver Grove Heights MN 103 0 $15,084,000 $17,461,869 188,190
Ellipse on Excelsior St. Louis Park MN 132 0 $26,122,000 $33,244,543 379,070
Applewood Pointe of Bloomington at Southtown Bloomington MN 101 0 $17,597,900 $20,280,641 231,230
Flo Co Fusion Minneapolis MN 84 0 $13,543,000 $16,026,159 179,790
Riverside Plaza Apartments Minneapolis MN 1303 1173 $49,950,000 $123,267,007 1,797,550
Applewood Pointe of Roseville at Langton Lake Roseville MN 48 0 $4,700,000 $11,241,637 122,240
              continued

 

 

 

 

Project Name City State Total
Units
Affordable
Units
HIT Commitment TDC Hours of Union
Construction Work
West Side Flats Apartments St. Paul MN 178 35 $23,500,000 $31,234,356 324,040
City Walk - Walkway Uptown Apartments Minneapolis MN 92 0 $16,802,100 $20,161,502 209,910
Yorkdale Terrace Townhomes Edina MN 90 90 $4,470,000 $17,242,238 236,410
The Penfield St. Paul MN 254 0 $40,942,800 $62,505,140 650,120
Five 15 on the Park Minneapolis MN 259 132 $33,400,000 $52,331,187 521,730
Seward Towers East and West Minneapolis MN 640 627 $29,750,000 $99,198,392 542,440
333 on the Park St. Paul MN 134 0 $27,680,000 $42,331,034 383,250
Zvago Cooperative at Glen Lake Minnetonka MN 54 0 $14,821,600 $18,981,774 167,570
Zvago Cooperative at St. Anthony Park St. Paul MN 49 0 $14,577,500 $18,185,346 165,220
Fontaine Towers Rochester MN 151 151 $20,000,000 $28,856,304 120,180
1500 Nicollet Minneapolis MN 183 183 $34,120,000 $61,736,138 539,150
Green on Fourth Apartments Minneapolis MN 243 66 $42,654,700 $56,169,929 505,110
Pioneer Apartments St. Paul MN 143 143 $14,475,000 $48,739,737 403,670
The District Flats at Miller Hill Duluth MN 72 0 $11,213,000 $14,036,105 126,220
Union Flats St. Paul MN 217 217 $30,630,000 $68,476,863 615,780
Zvago Cooperative at Central Village Apple Valley MN 58 0 $15,815,400 $19,680,017 163,970
Elevate at Southwest Station Eden Prairie MN 222 45 $49,500,000 $63,510,988 541,000
The Chamberlain Richfield MN 316 64 $48,277,000 $62,509,690 420,570
Riverdale Station East Coon Rapids MN 180 0 $28,350,000 $38,273,494 325,650
Riverdale Station West Coon Rapids MN 71 55 $6,925,000 $17,489,676 138,730
Lake Street Apartments Minneapolis MN 111 111 $11,890,000 $27,554,885 221,440
Sundance at Settler's Ridge Woodbury MN 218 0 $53,545,900 $69,580,136 544,190
Parker Station Flats Robbinsdale MN 198 0 $41,393,900 $53,082,171 508,780
Gateway Northeast Minneapolis MN 128 77 $20,950,000 $38,660,971 273,760
Bassett Creek Apartments Minneapolis MN 139 0 $33,609,500 $37,616,980 344,690
Zvago Cooperative at Lake Superior Duluth MN 51 0 $14,033,700 $18,436,578 176,940
Lake Street Apartments (Mortgage Increase) Minneapolis MN 0 0 $1,610,000 $0 0
               
HIT-Financed Projects 95   12,435 5,547 $1,396,030,273 $2,060,802,341 21,154,290

 

*Economic impact 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 May 31, 2020.

 

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.