|
DECEMBER 2024 |
HIT’s Impact In Minnesota since inception (1984)* |
| 114 | 37 | $1.9B | 26.8M | 14,796 | $6.7B | ||
| Projects | Cities
Across Minnesota |
Invested Capital |
Hours
of Union Construction Work |
Units
of Housing (50% affordable) |
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 as of December 31, 2024. Economic impact data is in 2023 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 | ||||||||
| The Col (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 | ||||||
| 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 | ||||||
| Lakeville | ||||||||
| Estoria Cooperative of Lakeville | 89 | - | ||||||
| Mankato | ||||||||
| Colonial Manor | 95 | 19 | ||||||
| Maple Grove | ||||||||
| Longstreet Apartments | 264 | 52 | ||||||
| Maplewood | ||||||||
| Beaver Creek/Pondview | 60 | 12 | ||||||
| The American Cooperative at Lake Phalen | 56 | - | ||||||
| Minneapolis | ||||||||
| 1500 Nicollet | 183 | 183 | ||||||
| 1900 Central/VOA Senior Housing | 51 | 11 | ||||||
| Bassett Creek Apartments | 139 | - | ||||||
| Cecil Newman Apartments | 64 | 64 | ||||||
| CITY/PROJECT | UNITS | AFFORDABLE | ||||||
| Minneapolis, continued | ||||||||
| City Walk - Walkway Uptown Apartments | 92 | - | ||||||
| Five 15 on the Park | 259 | 132 | ||||||
| Flo Co Fusion | 84 | - | ||||||
| Gateway Northeast | 128 | 77 | ||||||
| Greenway Apartments | 86 | 86 | ||||||
| Heritage Landing | 225 | 45 | ||||||
| Heritage Park III | 95 | 55 | ||||||
| Labor Retreat | 77 | 77 | ||||||
| Ladder 260 | 90 | 90 | ||||||
| Lake Street Apartments | 111 | 111 | ||||||
| One Southside | - | - | ||||||
| Park Plaza/North Creek (Olson Court) | 253 | 253 | ||||||
| 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 | ||||||
| The Midwell (Green on Fourth Apartments) | 243 | 66 | ||||||
| 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 | ||||||
| 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 | ||||||
| Landmark Tower | 187 | - | ||||||
| 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 | 14,796 | 7,332 | ||||||
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 at 202-331-8055. Investors should read the current prospectus carefully before investing.