497 1 hittmnmap-497_083022.htm DEFINITIVE MATERIALS

 

  AUGUST 2022 HIT’s Impact In Minnesota*
               
  108
Projects		 36
Cities Across
Minnesota		 $1.8B
Invested
Capital		 24.9M
Hours of Union
Construction Work		 14,134
Units of Housing
(50% affordable)		 $5.7B
Total Economic
Impact		  
               

*

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 current from inception (1984) - August 26, 2022. Economic impact data is in 2021 dollars and all other figures are nominal.

 

1227 25th Street, NW | Suite 500 | Washington, DC 20037 | 202.331.8055 | www.aflcio-hit.com

 

 

 

 

 
HIT Minnesota Projects Since Inception (1984)

 

CITY/PROJECT UNITS AFFORDABLE
Anoka    
Engles Estates 126 25
The American Cooperative of Anoka 87  
Apple Valley    
Zvago Cooperative at Central Village 58  
Blaine    
Blaine Town Square Senior Housing 87 70
Bloomington    
Applewood Pointe of Bloomington at Southtown 101  
Old Cedar Apartments 68 68
Realife Cooperative of Bloomington 78 78
Summerhill Coop of Bloomington 40 8
Brooklyn Center    
The Crest Apartments 171 171
Brooklyn Park    
Realife of Brooklyn Park 99 19
Burnsville    
Parkway Coop of Burnsville 102 20
Realife Cooperative of Burnsville 120 120
Summit Townhomes 114 22
Wyngate Townhomes 50 38
Chaska    
Clover Field Market Place 117 59
Columbia Heights    
42nd & Central 62 62
Coon Rapids    
Riverdale Station East 180  
Riverdale Station West 71 55
Duluth    
Bay Point Estates Apts. 76 15
Gramercy Park Duluth 74 14
Mount Royal Pines III 54 54
The District Flats at Miller Hill 72  
Zenith 122 13
Zvago Cooperative at Lake Superior 51  
Eden Prairie    
Eden Lake Townhomes 40 8
Elevate at Southwest Station 222 45
Hills of Eden Prairie 37 7
Realife Cooperative of Valley View 94 18
Regency Park 86 17
Summerhill Coop of Eden Prairie 48 9
Summit Place ALF 95 95
Summit Place Apartments 171 43
Edina    
Yorkdale Terrace Townhomes 90 90
Falcon Heights    
Amber Union 125 125
Falcon Heights Mixed Income 119 50
Falcon Heights Town Square -- Seniors 56 11
Grand Rapids    
Colony Square Cooperative 37 7
Grand Itasca Clinic & Hospital 64 12
Hastings    
Haven Homes 107 107
     
CITY/PROJECT UNITS AFFORDABLE
Hermantown    
The Meadows Townhomes 168 34
Inver Grove Heights    
Babcock Trail Townhomes 100 20
Gramercy Park of St. Paul 111 22
Inver Glen Senior Housing 103  
Salem Green Apartments 320 64
Mankato    
Colonial Manor 95 19
Maple Grove    
Longstreet Apartments 264 52
Maplewood    
Beaver Creek/Pondview 60 12
Minneapolis    
1500 Nicollet 183 183
1900 Central/VOA Senior Housing 51 11
Bassett Creek Apartments 139  
Cecil Newman Apartments 64 64
City Walk - Walkway Uptown Apartments 92  
Five 15 on the Park 259 132
Flo Co Fusion 84  
Gateway Northeast 128 77
Green on Fourth Apartments 243 66
Greenway Apartments 86 86
Heritage Landing 225 45
Heritage Park III 95 55
Ladder 260 90 90
Lake Street Apartments 111 111
Peregrine Apartments 163 163
Plymouth Townhomes 140 28
Riverside Plaza Apartments 1,303 1,173
Seward Towers East and West 640 627
Solhem Apartments (Uptown House) 60  
St. Anthony Mills Apartments 93 93
The Jourdain 41 32
The LaSalle 121 24
Wellstone Apartments 49 37
Minnetonka    
Waterstone Place Apartments 164 33
Zvago Cooperative at Glen Lake 54  
Mounds View    
Realife Cooperative of Mounds View 74 14
New Brighton    
Meadowood Shores 106 21
Plymouth    
Creekside Apartments 204 40
Fernbrook Townhomes 72 14
Regent at Plymouth 120 120
Stone Creek Village 130 34
Richfield    
Gramercy Park Cooperative 87 17
The Chamberlain 316 64
Robbinsdale    
Parker Station Flats 198  
Rochester    
Fontaine Towers 151 151


   

 

 

 

 

 
HIT Minnesota Projects Since Inception (1984), continued

 

CITY/PROJECT UNITS AFFORDABLE
Roseville    
Applewood Pointe of Roseville at Langton Lake 48  
St. Louis Park    
Ellipse on Excelsior 132  
Excelsior & Grand Apartments 337 18
Parkwood Shores Assisted Living Facility 46 46
Rise on 7 120 120
St. Paul    
333 on the Park 134  
Brandt Jens Kluge 36 7
Marian Center of St. Paul 127 127
Morrow (University and Fairview) 243 243
Phalen Senior Lofts 73 73
Pioneer Apartments 143 143
Sibley Park Apartments 114 46
Soul 178 178
The Penfield 254  
Union Flats 217 217
University & Dale 98 79
West Side Flats Apartments 178 35
Wilder Square 136 136
Winnipeg Apartments 56 56
Zvago Cooperative at St. Anthony Park 49  
Stillwater    
Zvago Cooperative at Stillwater 48  
West St. Paul    
Realife Cooperative of West St. Paul 97 19
White Bear Lake    
Lakewood Place Apartments 60 12
Woodbury    
Sundance at Settler’s Ridge 218  
Woodland Elders Assisted Living 64 64
Grand Total 14,134 7,002

 



The projects shown on this table may not reflect HIT’s current portfolio for any or all of the following reasons: (i) the assets related to the project(s) shown on 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. A complete list of the HIT’s portfolio holdings as of the most recently disclosed month-end is available upon request or on its website at aflcio-hit.com.

 

Investors should consider the HIT’s investment objectives, risks and expenses carefully before investing. Investors may view the HIT’s current prospectus, which contains more complete information, on its website at www.aflcio-hit.com and may obtain a copy from the HIT by calling the Marketing and Investor Relations Department collect at 202-331-8055. Investors should read the current prospectus carefully before investing.