AFL-CIO Housing Investment Trust funds LEED-certified projects

The AFL-CIO Housing Investment Trust (HIT) is helping to finance a number of energy-efficient development projects that have received or are on track to receive Leadership in Energy and Environmental Design (LEED) certification for their sustainable energy and construction strategies as well as innovative green design.


To date, the HIT has provided $274 million of financing for 11 projects that have received or are expected to receive LEED designation. The projects have created 1,653 housing units and approximately 4,100 union construction jobs, while leveraging more than $660 million of development activity for communities in Minnesota, California, New York, and Massachusetts.

Examples include:

  • Arc Light Co., San Francisco, CA: The developer of this $48 million project in San Francisco's South Beach community is seeking LEED Gold certification for the 94-unit complex. The HIT committed $32.5 million last year for the project, which involves the conversion of a historic commercial building into an innovative multifamily development. Work on the project is generating more than 275 union construction jobs.
  • Elizabeth Seton Pediatric Center, Yonkers, NY: Designed to be a LEED-certified facility, the new $116 million Elizabeth Seton Pediatric Center is currently under construction just outside of New York City. Last year the HIT committed $100 million in financing for the project that will feature a 137-bed in-patient center and on-site school for medically fragile children. The project is expected to bring nearly 1,000 construction and permanent union jobs to Yonkers.
  • Maverick Landing, Boston, MA: This HOPE VI project in East Boston achieved LEED certification following major redevelopment work that transformed the distressed public housing property into a quality affordable housing resource for the community. The HIT provided over $2 million in 2005 to help finance the $29 million third phase of the project, replacing old and deteriorated housing with 92 new rental units. Maverick Landing was the 2009 winner of the I. Donald Terner Prize, which recognizes successful and innovative affordable housing projects. The award credits Maverick Landing with being "Massachusetts's first green, affordable multifamily housing development, adhering to healthy homes principles and achieving LEED certification."
  • Excelsior & Grand, St. Louis Park, MN: The Excelsior & Grand mixed-use community just outside Minneapolis was awarded the nation's first "LEED for Neighborhood Development" certification. According to the U.S. Green Building Council (USGBC), "Excelsior & Grand has earned this recognition for excellence in the built environment and a place among the finest developments incorporating the principles of smart growth, urbanism and green design." The HIT provided $55.5 million in 2001 for the $61.7 million project that generated over 370 union construction jobs and 337 housing units.

The LEED certification program is a nationally recognized benchmark for measuring the design, construction, and operation of high-performance green buildings. It was developed by the USGBC to encourage adoption of sustainable green building and development practices in the United States and around the world.

- Edited by Gust Gianos, CFE Media, Consulting-Specifying Engineer,

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Choosing controllers: PLCs, PACs, IPCs, DCS? What's best for your application?; Wireless trends; Design, integration; Manufacturing Day; Product Exclusive
Variable speed drives: Smooth, efficient, electrically quite motion control; Process control upgrades; Mobile intelligence; Product finalists: Vote now; Product Exclusives
Machine design tips: Pneumatic or electric; Software upgrades; Ethernet advantages; Additive manufacturing; Engineering Leaders; Product exclusives: PLC, HMI, IO
This article collection contains the 5 most referenced articles on improving the use of PID.
Learn how Industry 4.0 adds supply chain efficiency, optimizes pricing, improves quality, and more.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Drilling for Big Data: Managing the flow of information; Big data drilldown series: Challenge and opportunity; OT to IT: Creating a circle of improvement; Industry loses best workers, again
Pipeline vulnerabilities? Securing hydrocarbon transit; Predictive analytics hit the mainstream; Dirty pipelines decrease flow, production—pig your line; Ensuring pipeline physical and cyber security