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HIT, Partners Invest in Affordable Housing

NEW YORK CITY—The housing division of the AFL-CIO has partnered with several local labor group and seven area churches to develop multifamily properties and related facilities.

By Rayna Katz | Updated on December 15, 2015

NEW YORK CITY—The AFL-CIO Housing Investment Trust has announced a partnership with the Building and Construction Trades Council of Greater New York, the New York City Central Labor Council, AFL-CIO and a coalition of unions, area churches and developers known as the United Clergy Task Force to invest up to $300 million in affordable housing, community centers and care facilities on sites in the Metro area.

The seven projects slated for development in the first phase of the partnership are located in the Bronx, Brooklyn, and Jersey City. The initial local participating religious organizations include  St. Paul Community Baptist Church and Bay Ridge Community Church, Brooklyn; Al Iman Plaza Islamic Institution, Thessalonica Christian Church, Bronx, La Hermosa Church and Westchester United Methodist Church, Bronx; and Heavenly Temple Church of God, Jersey City, NJ.

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