AFL-CIO Housing Investment Trust
AFL-CIO Housing Investment Trust
15/11/2024 | Press release | Distributed by Public on 15/11/2024 16:09
Prospectus by Investment Company - Form 497
|
HIT's Illinois Impact Investing (Since Inception - 9/30/24) |
| 123 | 42 | $1.8B | 36.5M | 22,817 | $7.9B | ||
| Projects |
Cities Across Illinois |
Invested or Allocated |
Hours of Union Construction Work |
Units of Housing (69% affordable) |
Total Economic Impact |
| Total | Affordable | Invested/Allocated | TDC | |
| City | Units | Units | (in MM) | (in MM) |
| Addison | 200 | 200 | $7.24 | $15.17 |
| Aurora | 512 | 409 | $46.91 | $59.42 |
| Bensenville | 153 | 30 | $10.50 | $11.55 |
| Bloomingdale | 191 | 127 | $8.65 | $23.51 |
| Bloomington | 107 | 107 | $7.80 | $8.58 |
| Calumet City | 214 | 181 | $10.55 | $28.72 |
| Chicago | 15,409 | 10,423 | $1,239.53 | $3,139.76 |
| Cicero | 249 | 249 | $9.80 | $10.78 |
| Country Club Hills | 110 | 98 | $8.20 | $18.60 |
| Crystal Lake | 116 | 116 | $16.53 | $30.7 |
| Darien | 91 | 72 | $5.20 | $13.99 |
| Decatur | 212 | 212 | $21.81 | $40.87 |
| DeKalb | 318 | 318 | $8.65 | $12.65 |
| Des Plaines | 128 | 128 | $9.23 | $10.85 |
| East Moline | 239 | 239 | $18.94 | $48.97 |
| Elk Grove Village | 104 | 93 | $9.28 | $16.21 |
| Evanston | 201 | 201 | $3.40 | $24.16 |
| Hoffman Estates | 121 | 90 | $9.00 | $21.04 |
| Homewood | 198 | 198 | $8.20 | $17.80 |
| Itasca | 75 | 75 | $2.26 | $2.49 |
| Joliet | 116 | 105 | $5.61 | $25.90 |
| Lake Zurich | 70 | 14 | $4.80 | $5.28 |
| Lyons | 120 | 108 | $5.42 | $12.98 |
| Melrose Park | 109 | 98 | $7.15 | $16.03 |
| Mt. Vernon | 50 | 50 | $0.99 | $5.88 |
| Naperville | 225 | 225 | $9.71 | $10.68 |
| O'Fallon | 232 | - | $26.09 | $28.16 |
| Olney | 120 | 120 | $3.53 | $3.88 |
| Orland Park | 200 | 200 | $12.11 | $14.25 |
| Pekin | 76 | 60 | $5.62 | $10.16 |
| Riverdale | 96 | 77 | $1.60 | $10.78 |
| Rock Island | 52 | 34 | $1.70 | $5.95 |
| Rockford | 167 | 167 | $6.42 | $10.50 |
| Rolling Meadows | 98 | 98 | $2.70 | $3.18 |
| Roselle | 295 | - | $65.93 | $77.10 |
| Schaumberg | 97 | 97 | $3.05 | $8.89 |
| Skokie | 93 | 93 | $8.39 | $9.87 |
| Springfield | 384 | 204 | $16.64 | $23.14 |
| Swansea | 216 | - | $23.74 | $26.37 |
| Waukegan | 643 | 128 | $51.46 | $60.09 |
| Woodstock | 170 | 153 | $11.40 | $21.78 |
| Zion | 240 | 199 | $14.69 | $33.56 |
| Grand Total | 22,817 | 15,796 | $1,750.40 | $3,980.27 |
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, 2024. Economic impact data is in 2023 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 at 202-331-8055. Investors should read the current prospectus carefully before investing.
|
1227 25th Street, NW Suite 500 | Washington, DC 20037 | 202.331.8055 www.aflcio-hit.com |
| HIT Illinois Projects Since Inception (1984) |
| CITY/PROJECT | CITY/PROJECT | CITY/PROJECT | ||
| Addison - 200 Units (100% affordable) | Chicago, continued | Itasca - 75 Units (100% affordable) | ||
| Bradford Court Apartments | Montclare Senior Residences of Englewood | Arbor of Itasca | ||
| Aurora - 512 Units (80% affordable) | Montclare Senior Residences II | Joliet - 116 Units (91% affordable) | ||
| Alden Gardens | Morningside Court Apartments | Liberty Meadows Estates Phase I | ||
| Alden Horizon at Waterford | North Center Senior Housing (Martha Washington Apt.) | Liberty Meadows Estates, Phase II | ||
| Alden of Waterford | North Town Village | Lake Zurich - 70 Units (20% affordable) | ||
| Sun Prairie at Fox Valley | Northpoint Apartments | Liberty Lake Apartments | ||
| Bensenville - 153 Units (20% affordable) | Paul G. Stewart Apartment III | Lyons - 120 Units (90% affordable) | ||
| Linden Tower / Bensenville Apartment | Paul Stewart Apartments | Riverwalk Senior | ||
| Bloomingdale - 191 Units (66% affordable) | Paul Stewart I & II | Melrose Park - 109 Units (90% affordable) | ||
| Bloomingdale Horizon Senior Living | Piorneer Gardens SLF | Victory Center of Melrose Park | ||
| Bloomingdale Young Adult Residence | Proloan (Chicago, 1991) | Mt. Vernon - 50 Units (100% affordable) | ||
| Terminals Buildings | Proloan (Chicago, 1992) | Mt. Vernon Senior Building | ||
| Bloomington - 107 Units (100% affordable) | Proloan (Chicago, 1993) | Naperville - 225 Units (100% affordable) | ||
| Alden Valley Nursing Home | Proloan (Chicago, 1994) | Meadowbrook Manor | ||
| Calumet City - 214 Units (85% affordable) | Proloan (Chicago, 1995) | O'Fallon - 232 Units | ||
| Pathway of River Oaks | Proloan (Chicago, 1996) | Parkway Lakeside Apartments | ||
| Victory Center of Calumet City | Proloan (Chicago, 1997) | Olney - 120 Units (100% affordable) | ||
| Chicago - 15,409 Units (68% affrodable) | Rainbows End | Olney Nursing Care Center | ||
| 2101 South Michigan Apartments | Randolph Tower Apts | Orland Park - 200 Units (100% affordable) | ||
| 30 East Adams Apartments | Roosevelt Independence | Alden Nursing Center | ||
| 400 Lake Shore | Roosevelt Towers - Phase I | Pekin - 76 Units (79% affordable) | ||
| 6900 South Crandon Apartments | Skyline Apartments (201 North Wells) | John M. Evans Supportive Living | ||
| Alden Northmoor Nursing Center | South Park Plaza | Riverdale - 96 Units (80% affordable) | ||
| Altgeld Family Resource Center | South Shore Beach Apartments | Riverdale Manor Senior Community ILF | ||
| Bronzeville Senior Apartments | South Shore HHDC Apartments | Rock Island - 52 Units (65% affordable) | ||
| Cadence (IMD Gateway) | The Parkways | Renaissance/Goldman | ||
| Circle Park Apartments | Victory Center of Roseland SLF | Rockford - 167 Units (100% affordable) | ||
| Covent Apartments SRO | West Town Housing Preservation | Valley View Apartments | ||
| Eden Green Apartments | Willa Rawls Manor | Rolling Meadows - 98 Units (100% affordable) | ||
| Edwin Berry Manor Apartments | Willard Square Apartments | Meadows Residential Home | ||
| Grace Manor Apartments | Wrigleyville North Apts | Roselle - 295 Units | ||
| Hazel Winthrop Apts | Cicero - 249 Units (100% affordable) | Metro 19 Apartments | ||
| Hearts United Apartments | Alden Nursing Center of Cicero | Schaumberg - 97 Units (100% affordable) | ||
| Hearts United Phase III | Country Club Hills - 110 Units (89% affordable) | Emerald Village | ||
| Heiwa Terrace Apartments | Victory Center at Sierra Ridge | Skokie - 93 Units (100% affordable) | ||
| Imani Village Senior Residences | Crystal Lake - 116 Units (100% affordable) | Alden Northshore of Skokie | ||
| Island Terrace Apartments - A | The Villager & Briarwood West Apartments | Springfield - 384 Units (53% affordable) | ||
| Island Terrace Apartments - B | Darien - 91 Units (79% affordable) | Abraham Lincoln Gardens/Columbia | ||
| Jackson Park Terrace | Myers Common Senior Housing | Columbia Tower | ||
| JASC Kiero Nursing Home | Decatur - 212 Units (100% affordable) | Homestead at Montvale | ||
| Kenmore Plaza Apartments | Southern Hills/ Orlando | Swansea - 216 Units | ||
| Lake Meadows Phase I, II & III | DeKalb - 318 Units (100% affordable) | Villas at Crystal Lake | ||
| Lake Village East Apartments | Amber Manor | Waukegan - 643 Units (20% affordable) | ||
| Lakeland HIV & Nursing Center | DeKalb Heath Center | Eagle Ridge Apartments | ||
| Lakeview Towers | Des Plaines - 128 Units (100% affordable) | Northgate Apartments | ||
| Lathrop Homes Phase IA | Golf View Development Center | Woodstock - 170 Units (90% affordable) | ||
| LaVergne Courts Apartments | East Moline - 239 Units (100% affordable) | Woodstock Commons | ||
| Lawless Gardens Apartments Phase I | Two Towers | Zion - 240 Units (83% affordable) | ||
| Lawless Gardens Apartments Phase II | Elk Grove Village - 104 Units (89% affordable) | Barton Senior Residences SLF | ||
| Lawndale Terrace and Plaza Court Apartment | Alexian Village | Zion Senior Cottages | ||
| Liberty Village | Evanston - 201 Units (100% affordable) | |||
| Loomis Courts Apartments | Evanston Senior Redevelopment (Walchirk Perlman Apts.) | |||
| Mark Twain SRO Apts. | Hoffman Estates - 121 Units (74% affordable) | |||
| Michigan Beach | Poplar Creek Village | |||
| Montclare Senior Residences @ Avalon Park, Phase II | Homewood - 198 Units (100% affordable) | |||
| Montclare Senior Residences of Calumet Heights | Freedom Village |
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.