Posts Tagged ‘AFL-CIO HIT’

Mar
2016
4

Minneapolis Again the Beneficiary of Massive Union Pension Investment in Affordable Housing

Minneapolis Again the Beneficiary of Massive Union Pension Investment in Affordable Housing
  The AFL-CIO’s Housing Investment Trust (HIT) has announced a $29.8 million union pension fund investment in the renovation of the Seward Towers East and West in Minneapolis.  The 21-story towers reside in one of the city’s older neighborhoods and were built in 1968 and 1970, respectively.  In total, 640 multi-family units will be...
Oct
2015
20

Stringer, James Back NYC Building Trades Plan to Invest $150 in HIT Funds for Affordable Housing

Stringer, James Back NYC Building Trades Plan to Invest $150 in HIT Funds for Affordable Housing
  New York City Comptroller Scott Stringer and Public Advocate Letitia James came together last week to announce a $150 million investment from the city retirement system into a $1 billion AFL-CIO Housing Investment Trust (HIT) plan to build or renovate up to 20,000 below-market apartments. The projects would be done entirely by union labor....
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