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Springfield City Council to vote on proposal for downtown apartments

A $28.3 million proposed development by a New York company up for city council vote next week could help bridge downtown with the medical district ....

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Union Fund Finances First San Francisco Project of $1 Billion Initiative and Aids Local Economy

Union Fund Finances First San Francisco Project of $1 Billion Initiative and Aids Local Economy
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SAN FRANCISCO, Dec. 15, 2020 /PRNewswire/ The AFL-CIO Housing Investment Trust (HIT) today announced the first project under its $1 billion Bay Area Investment Initiative for jobs and affordable housing launched earlier this fall. Officials said the company will provide $19.1 million to help finance the new construction of 96 efficiency apartments for extremely low-income and homeless residents, in San Francisco s South of Market neighborhood.
53 Colton will be 96 new, affordable apartments in San Francisco’s South of Market neighborhood that will serve extremely low-income and formerly homeless residents. The multifamily development is the first financed under the $1 billion, multi-year Bay Area Investment Initiative of the AFL-CIO Housing Investment Trust (HIT). Working with public and private sector, a ....

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