Socially Responsible Investing

• Socially Beneficial Impact
• Partnerships
• Community Investment Initiatives
  • New York City Community Investment Initiative
  • Chicago Community Investment Plan
    • Homeownership Opportunities
    • Multifamily Housing
  • Gulf Coast Revitalization Program

The AFL-CIO Housing Investment Trust (HIT) is carrying out a five-year, $500 million investment initiative in Chicago – known as the Chicago Community Investment Plan (CCIP) – to address housing and community development needs of working families in the Chicago area. As part of this initiative, the HIT has set two major investment goals:

• $250 million for investments in multifamily housing production.
• $250 million for homeownership opportunities.

Joining the HIT in this initiative, the AFL-CIO Building Investment Trust has set its own goal of $250 million for investments in equity real estate, bringing the CCIP's total five-year investment goal to $750 million.

With leverage, the $750 million combined investments of the initiative are expected to result in more than $1 billion of financing to produce housing, support economic development projects, promote homeownership for working families and create thousands of union construction jobs in the Chicago area.