497 1 hitoh922-497_101122.htm DEFINITIVE MATERIALS

 

  Ohio Projects Since Inception
as of September 30, 2022

 

Project Name City Total Units Affordable
Units
HIT Commitment/
BACDE Allocation
TDC Economic Impacts
Ambassador Nursing Home East Cleveland 154 154 $4,387,300 $4,826,030 $15,082,078
Aurora Manor Portage 100 100 $3,847,630 $4,232,393 $13,952,219
Bath Manor Akron 150 150 $5,145,634 $5,660,197 $18,658,861
Berkley Park at New Albany Columbus 180 180 $13,050,200 $15,353,176 $43,721,697
Bingham Apartments Cleveland 340 68 $45,634,900 $84,700,000 $213,802,672
Bryden House Columbus 160 32 $2,865,000 $3,151,500 $10,853,872
Crittenden Court Cleveland 208 41 $12,395,200 $13,634,720 $40,681,476
L&O Care II Beachwood 274 274 $11,190,400 $12,309,440 $41,994,567
Leo E. Dugan Apartments Cuyahoga Falls 70 70 $2,332,100 $3,409,259
Marshall Building/Magnate Building Cleveland 41 8 $4,211,200 $6,662,179 $17,572,025
Mayfield Manor I Canton 144 144 $9,858,800 $14,315,901 $33,367,398
Normandy Manor Rocky River 150 150 $5,908,300 $6,499,130 $20,806,709
Otis Building Cleveland 249 50 $28,152,700 $37,000,000 $104,468,923
Pinzone Towers Rocky River 100 100 $6,583,800 $12,601,487 $16,637,425
Project 29 (Church + State) Cleveland 158 $39,000,000 $54,834,231 $112,686,468
Quay 55 Apartments Cleveland 139 27 $21,098,500 $25,854,190 $68,192,781
Silver Meadow Apartments Kent 444 89 $10,247,940 $11,386,600 $35,190,893
Somerset Point Nursing Home Shaker Heights 50 50 $7,444,399 $8,188,839 $24,437,160
The Glendale/Chelmsford Bd & Care Toledo 75 75 $1,900,000 $2,090,000 $7,489,221
The Greens Lyndhurst 248 248 $14,204,824 $16,711,558 $48,729,246
Toledo Innovation Center Toledo $10,000,000 $32,841,131 $62,950,438
Villa West Nursing Monclova 100 100 $2,491,700 $2,740,870 $8,565,521
Westway Gardens Elyria 300 60 $3,845,000 $7,941,000 $23,691,959
YMCA of Cleveland Cleveland 144 28 $5,281,900 $5,868,778 $17,333,791
             
HIT-Financed Projects 24 3,978 2,198 $271,077,427 $392,812,609 $1,000,867,401

 

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

 

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.