Posts Tagged ‘Minneapolis’

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…
Apr
2014
2

Union Investment Bringing Hundreds of Jobs, Affordable Housing to Minneapolis

Union Investment Bringing Hundreds of Jobs, Affordable Housing to Minneapolis
  The AFL-CIO’s Housing Investment Trust (HIT) has announced that it will provide $33 million in pension capital to fund the construction of Five 15 on the Park, a 259-unit apartment complex.  Of those units, nearly half will be ‘affordable housing’ with the remainder being rented at market rate.   Five 15 on the Park…
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