Chicago Community Investment Plan

The AFL-CIO Housing Investment Trust (HIT) established its Chicago Community Investment Plan (CCIP) in 2005 to address housing and community development needs of working families in the Chicago area by financing low- and moderate-income housing. Special emphasis is being given to production of affordable housing and housing for special needs groups. HIT commitments to date through the CCIP are shown in the chart below.

The development of these housing projects is generating family-supporting union jobs for members of the local building and construction trades unions. To date, these HIT-financed projects represent over 2,750 construction jobs.

Also in the state of Illinois, the HIT has an ongoing housing development initiative with the Illinois Housing Development Authority (IHDA).

Chicago Photo Gallery
Photo Gallery of some of the HIT’s historical investments in Chicago.

CCIP Multifamily Projects to Present
Multifamily Projects Housing Units Low/Mod.
Income Units
HIT Commitments Total Development Cost
2101 South Michigan Apartments
Chicago, IL
250
90
$32,000,000
$41,850,326
Barton Senior Residences
Zion, IL
130
117
$8,950,000
$19,411,483
Bronzeville Senior Apartments
Chicago, IL
97
97
$8,704,000
$18,662,571
Bloomingdale Horizon Senior
Chicago, IL
91
69
$3,325,000
$17,454,001
Eden Green Apartments
Chicago, IL
258
258
$16,188,000
$33,529,405
Hazel Winthrop Apartments
Chicago, IL
30
30
$2,274,400
$6,278,333
Lawndale Terrace and Plaza Court Apartments
Chicago, IL
198
198
$11,940,000
$18,748,367
Liberty Meadow Estates
Joliet, IL
74
63
$3,514,000
$17,771,995
Liberty Meadow Estates Phase II
Joliet, IL
42
42
$2,100,000
$8,126,827
Loomis Court Apartments
Chicago, IL
126
126
$6,035,000
$22,938,538
Paul Stewart I & II
Chicago, IL
420
420
$2,500,000
$59,000,000
Poplar Creek Village
Hoffman Estates, IL
121
90
$9,000,000
$21,041,063
Randolph Tower Apartments
Chicago, IL
310
62
$20,000,000
$148,233,500
Roosevelt Independence
Chicago, IL
96
96
$4,889,800
$9,300,000
Valley View Apartments
Rockford, IL
167
167
$6,417,900
$10,500,000
Victory Center of Roseland
Chicago, IL
124
99
$8,050,000
$20,660,577
Victory Centre at South Chicago
Chicago, IL
112
112
$10,685,000
$14,962,491
Zion Senior Cottages
Zion, IL
110
82
$5,740,000
$14,152,093
Total
2,756
2,218
$162,401,100
$502,621,570