497 1 hitimpca-497_051225.htm DEFINITIVE MATERIALS
HIT’s California Impact Investing
(Since Inception – 3/31/25)
 

              
 

32

12

$563.6M 12.2M 4,504 $2.9B  
 Projects Cities Across
California
Invested or
Allocated
Hours of Union
Construction

Work
Units of Housing
(43% affordable)
Total Economic
Impact
 

 

City/ Project Names  Total Units  Affordable Units  Investment/
Allocation
  TDC  
Alameda  119  119  $5,967,100  $6,563,810  
Water Edge  119  119  $5,967,100  $6,563,810  
Carmichael  126  126  $4,748,800  $5,223,680  
Carmichael Convalescent Hospital  126  126  $4,748,800  $5,223,680  
Cloverdale  54  54  $1,543,461  $1,697,807  
Cloverdale (Kings Valley)  54  10  $1,543,461  $1,697,807  
Los Angeles  157  58  $11,457,624  $72,537,934  
Destination Crenshaw      $8,000,000  $48,557,521  
Kilgore Manor  52  10  $1,257,700  $1,383,470  
Main Street Housing / Umoja  30  30  $1,016,160  $6,496,943  
Rio Vista Village  75  18  $1,183,764  $16,100,000  
Menlo Park  138  27  $12,195,000  $13,414,500  
Glenwood Inn  138  27  $12,195,000  $13,414,500  
National City  94  94  $27,241,874  $85,488,798  
Union Tower  94  94  $27,241,874  $85,488,798  
Sacramento  350  350  $22,320,000  $24,552,000  
Cottage Park Place  175  175  $11,160,000  $12,276,000  
Gramercy Court  175  175  $11,160,000  $12,276,000  
Salinas  200  200  $16,820,900  $43,348,674  
Gabilan Plaza Phase I & II Apartments  200  200  $16,820,900  $43,348,674  
San Diego  145  29  $11,664,300  $12,830,730  
Woodcrest  145  29  $11,664,300  $12,830,730  
San Francisco  2,007  588  $370,242,190  $729,284,950  
101 Polk (The Civic)  162  19  $58,084,400  $82,847,679  
333 Harrison Apartments  326  49  $70,001,400  $105,000,000  
Alemany Plaza (Ocean View Terrace)  400  80  $60,000,000  $96,332,885  
Arc Light Apartments  94  19  $32,462,900  $47,948,451  
Bernal Gateway  55  55  $5,406,536  $14,300,000  
Heritage Homes  148  33  $8,831,062  $29,430,729  
Jazzie Collins Apartments (53 Colton)  96  96  $19,058,892  $52,515,971  
One Embarcadero South  233  46  $42,000,000  $46,666,667  
Potrero Launch Apartments  196  39  $2,585,000  $80,400,000  
Putnam-Tompkins/Market Heights  46  46  $2,340,000  $2,574,000  
San Cristina  58  58  $17,472,000  $49,334,105  
Ventana Residences  193  48  $52,000,000  $121,934,463  
San Jose  974  326  $74,598,200  $117,438,153  
Almaden Lake Village  250  50  $22,250,000  $24,722,222  
Casa del Pueblo Apartments  165  165  $24,982,000  $62,613,111  
Country Club Villa  313  62  $17,403,200  $19,143,520  
Rincon de los Esteros  246  49  $9,963,000  $10,959,300  
San Leandro  140  28  $4,845,700  $5,330,270  
Cherry Blossom Inn I  70  14  $4,463,700  $4,910,070  
Cherry Blossom Inn II  70  14  $382,000  $420,200  
Grand Total  4,504  1,955  $563,645,149  $1,117,711,306  

 

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 March 31, 2025. Economic impact data is in 2024 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.

 

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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