HIT’s MidWest@Work Strategy Featured by Associated Press
The HIT’s $2.1 billion MidWest@Work Strategy was highlighted in a recent Associated Press story. Under the strategy, the HIT intends to invest up to $1.2 billion in 90 projects in states bordering the Great Lakes over seven years to help communities struggling with aging neighborhoods, divestment, and unemployment. The strategy includes HIT’s commitment to invest up to $30 million to repair homes in Detroit, with a goal of rehabilitating up to 300 homes and expanding the program to other cities such as Minneapolis, St. Louis, Cleveland, and Pittsburgh. MidWest@Work also includes HIT’s commitment plan to invest up to $1.2 billion to build or rehabilitate 60 multifamily rental workforce housing projects in the region. In total, the strategy seeks to create some 25,000 jobs across business sectors, including approximately 9,700 union construction jobs.