Projects Under Construction

as of September 30, 2026

 

Commitment/ Construction Start

 

HIT Projects

 

City

 

State

Total Units Affordable Units Union Construction Hours

HIT

Commitment

Total Development Cost
4Q 2020 Residences @ 150 Bagley Detroit MI 148 30 705,380 $42,312,400 $72,990,473
2Q 2023 Everton (Hudson Exchange Phase II) Jersey City NJ 802 - 4,142,870 $50,000,000 -
4Q 2023 Island Terrace Apartments - A Chicago IL 62 56 95,300 $5,327,000 $25,205,460
4Q 2023 Island Terrace Apartments - B Chicago IL 178 161 272,550 $17,152,000 $71,932,325
4Q 2023 Landmark Tower St. Paul MN 187 - 616,680 $18,660,000 $97,079,980
4Q 2023 400 Lake Shore Drive Chicago IL 635 127 3,316,100 $55,000,000 $543,305,000
2Q 2024 Park Plaza / North Creek Minneapolis MN 253 253 419,940 $48,950,000 $74,715,357
2Q 2024 Estoria Cooperative of Lakeville Lakeville MN 89 - 339,980 $19,152,300 $41,138,350
2Q 2024 Union Tower National City CA 94 94 579,270 $27,241,874 $85,488,798
3Q 2024 Carville Park Reno NV 209 209 321,860 $28,265,500 $64,654,609
3Q 2024 Ke Ola Hou (Hale Moiliili Apartments) Honolulu HI 278 278 1,148,050 $60,600,000 $116,824,021
4Q 2024 Mary Ellen McCormack - Building A Boston MA 94 94 692,720 $24,600,000 $108,420,430
2Q 2025 Estoria Cooperative Oak Marsh Oakdale MN 87 - 325,400 $21,464,400 $44,694,970
2Q 2025 Elizabeth Seton Young Adult Center White Plains NY 96 96 752,990 $132,236,300 $137,410,685

3Q 2025

3Q 2026

Rochester Civic Center Rochester MN 76 76 191,180 $17,276,405 $29,974,319
3Q 2025 Beltline Station - Building 1 St. Louis Park MN 152 - 391,340 $16,207,382 $58,232,914
3Q 2025 Beltline Station - Building 3 St. Louis Park MN 146 - 338,930 $14,841,856 $50,632,363
3Q 2025 St. Botolph Apartments Boston MA 132 132 453,830 $31,000,000 $54,715,484
3Q 2025 Eleven Eleven Sutter Street - A San Francisco CA 102 102 403,920 $58,996,496 $84,392,112
3Q 2025 Eleven Eleven Sutter Street - B San Francisco CA 201 - 753,990 $124,999,900 $135,805,323
4Q 2025 Fox Shore Aurora IL 94 94 129,820 $15,610,000 $31,198,443
4Q 2025 Palmer Gardens Toledo OH 75 75 74,490 $5,110,000 $21,266,086
4Q 2025 Curtis Apartments Phase II Worcester MA 150 150 946,810 $20,095,000 $146,589,187
1Q 2026 Pajaro Vista Apartments Freedom CA 106 106 24,130 $32,164,100 $37,332,660
1Q 2026 273 W 22nd Street Manhattan NY 278 70 1,525,510 $12,500,000 -
2Q 2026 Silver Lake Pointe Mounds View MN 83 83 32,860 $7,949,400 $16,866,839
3Q 2026 Chancellor Manor Burnsville MN 200 200 138,450 $25,830,000 $58,247,437
3Q 2026 Nostrand Houses Brooklyn NY 1,145 1,145 3,608,760 $83,230,000 -
28 HIT Projects (75% Include Affordable Units)     6,152 3,631 22,743,110 $1,016,772,313 $2,209,113,625

 

Commitment/ Construction Start

Building America CDE, Inc. Projects (HIT Subsidiary)

 

City

 

 

State

 

Square Feet

Total Units

Affordable Units

Union Construction Hours

New Markets Tax Credits Allocation

Total Development Cost

4Q 2021 Destination Crenshaw Los Angeles CA 40,000 - - 198,690 $8,000,000 $48,557,521
1Q 2023 Public Health Campus on Cedar Philadelphia PA 448,467 - - 661,180 $15,000,000 $89,223,192
1Q 2024 The Wayman Palmer (Toledo) YMCA Community Hub Toledo OH 192,281 - - 250,800 $8,000,000 $29,451,888
3Q 2024 Straight & Narrow Paterson NJ 53,987 - - 287,230 $11,000,000 $32,891,177
4Q 2024 One Southside Minneapolis MN 30,950 - - 213,470 $5,000,000 $27,978,588
1Q 2025 Belleville Clinic Belleville IL 69,600 - - 61,920 $7,000,000 $10,378,685
3Q 2025 Culinary Academy of Las Vegas North Las Vegas NV 55,448 - - 272,260 $10,000,000 $26,705,792
3Q 2026 Norma Herr Cleveland OH 50,425 - - 273,680 $7,000,000 $35,288,931
3Q 2026 Dorchester Boys & Girls Club Dorchester MA 75,000 - - 553,680 $10,000,000 $70,000,000
9 Projects Receiving Building America CDE, Inc.
New Markets Tax Credits Allocation
    1,016,158 - - 2,772,910 $81,000,000 $370,475,774
                   
37 Grand Total       6,152 3,631 25,516,020 $1,097,772,313 $2,579,589,399

 

Includes projects receiving NMTC allocations by HIT subsidiary Building America CDE, Inc. Job and economic impact figures are estimates calculated using IMPLAN, an input-output model, based on HIT and Building America project data. Data is current as of September 30, 2026. Economic impact data is in 2025 dollars and all other figures are nominal. This table provides information about projects financed by the HIT that were pre- or under construction as of the date of this report. Projects are included until they reach permanent loan status. The projects listed above may not reflect HIT’s current portfolio for any or all of the following reasons: (i) the assets related to the project(s) referenced on this graphic 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 graphic; and (iii) this graphic is not a complete list of all the projects financed by the HIT as of the date of this report. Building America CDE, Inc. is a portfolio investment of the HIT but, unless otherwise noted, its underlying projects are not held in the HIT's portfolio. Investors should consider the HIT’s investment objectives, risks, and charges and expenses carefully before investing. This and other information is contained in the HIT’s current prospectus. To obtain a current prospectus, call HIT Investor Relations at (202) 331-8055 or visit the HIT’s website at www.aflcio-hit.com.