497 1 hitca1022-497_112122.htm DEFINITIVE MATERIALS

 

  31
Projects
11
Cities Across
California
$536.4M
Invested or
Allocated
11.7M
Hours of Union
Construction
Work
4,410
Units of Housing
(42% affordable)
$2.5B
Total Economic
Impact
 
               

 

 

 

 

 

 

 

 

 

 

City/ Project Names Total
Units
Commitment/
Allocation
TDC
Alameda 119 $5,967,100 $6,563,810
Water Edge  119 $5,967,100 $6,563,810
Carmichael  126 $4,748,800 $5,223,680
Carmichael Convalescent Hospital 126 $4,748,800 $5,223,680
Cloverdale 54 $1,543,461 $1,697,807
Cloverdale (Kings Valley) 54 $1,543,461 $1,697,807
Los Angeles 157 $11,457,624 $74,831,613
Destination Crenshaw $8,000,000 $50,851,200
Kilgore Manor 52 $1,257,700 $1,383,470
Main Street Housing / Umoja 30 $1,016,160 $6,496,943
Rio Vista Village 75 $1,183,764 $16,100,000
Menlo Park 138 $12,195,000 $13,414,500
Glenwood Inn 138 $12,195,000 $13,414,500
Sacramento 350 $22,320,000 $24,552,000
Cottage Park Place 175 $11,160,000 $12,276,000
Gramercy Court 175 $11,160,000 $12,276,000
Salinas 200 $16,820,900 $43,348,674
Gabilan Plaza Phase I & II Apartments 200 $16,820,900 $43,348,674
San Diego 145 $11,664,300 $12,830,730
Woodcrest 145 $11,664,300 $12,830,730
San Francisco 2,007 $370,242,190 $729,284,950
101 Polk (The Civic) 162 $58,084,400 $82,847,679
333 Harrison Apartments 326 $70,001,400 $105,000,000
Alemany Plaza (Ocean View Terrace) 400 $60,000,000 $96,332,885
Arc Light Apartments 94 $32,462,900 $47,948,451
Bernal Gateway 55 $5,406,536 $14,300,000
Heritage Homes 148 $8,831,062 $29,430,729
Jazzie Collins Apartments (53 Colton) 96 $19,058,892 $52,515,971
One Embarcadero South 233 $42,000,000 $46,666,667
Potrero Launch Apartments 196 $2,585,000 $80,400,000
Putnam-Tompkins/Market Heights 46 $2,340,000 $2,574,000
San Cristina 58 $17,472,000 $49,334,105
Ventana Residences 193 $52,000,000 $121,934,463
San Jose 974 $74,598,200 $117,438,153
Almaden Lake Village 250 $22,250,000 $24,722,222
Casa del Pueblo Apartments 165 $24,982,000 $62,613,111
Country Club Villa 313 $17,403,200 $19,143,520
Rincon de los Esteros 246 $9,963,000 $10,959,300
San Leandro 140 $4,845,700 $5,330,270
Cherry Blossom Inn I 70 $4,463,700 $4,910,070
Cherry Blossom Inn II 70 $382,000 $420,200
Grand Total 4,410 $536,403,275 $1,034,516,187

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 September 30, 2022. Economic impact data is in 2021 dollars and all other figures are nominal.

 

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.

 

The projects shown on this map 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.

 

 

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