Illinois Housing Initiative

The AFL-CIO Housing Investment Trust has a long history of working with the Illinois Housing Development Authority (IHDA) to develop affordable housing and mixed-income developments throughout the state of Illinois. In 2005, the HIT and IHDA formalized this partnership with a memorandum of understanding. Since then, they have financed together over $274 million of development to produce more than 1,000 housing units, of which more than 60% are affordable to low-income families.

The HIT’s investments in IHDA projects since 2005 have created more than 1,500 union construction jobs.

IHDA Projects 2005 to Present
Multifamily Projects Housing Units Low/Mod.
Income Units
HIT Commitments Total Development Cost
Barton Senior Residences
Zion, IL
130
117
$8,950,000
$19,411,483
Bloomingdale Horizon Senior
Chicago, IL
91
69
$3,325,000
$17,454,001
John M. Evans Supportive Living
Pekin, IL
76
60
$5,617,500
$10,160,488
Liberty Meadow Estates Phase I
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
Mt. Vernon Senior Building
Mt. Vernon, IL
50
50
$992,500
$5,876,601
Poplar Creek Village
Hoffman Estates, IL
121
90
$9,000,000
$21,041,063
Randolph Tower City Apts.
Chicago, IL
310
62
$20,000,000
$148,233,500
Victory Center of Roseland
Chicago, IL
124
99
$8,050,000
$20,660,577
Zion Senior Cottages
Zion, IL
110
82
$5,740,000
$14,152,093
Total
1,128
734
$67,289,000
$282,888,628