The HIT specializes in the development and rehabilitation of rental housing, particularly affordable housing. The HIT has a long history of working closely with developers, housing agencies, members of the mortgage banking community, labor unions, HUD, government-sponsored enterprises (GSEs) and others to identify and structure the financing needed for their real estate developments.
- Construction financing
- Permanent financing
- Forward commitments
- Bridge loans
The HIT offers both credit enhanced executions as well as direct construction and bridge lending. The HIT structures its financing with credit enhancements provided by a variety of sources, including the Federal Housing Administration (FHA), Ginnie Mae, government sponsored enterprises such as Fannie Mae and Freddie Mac, and state and local agencies.
Below are several projects in Southeast Wisconsin that are partially funded by labor friendly AFL-CIO and Ullico funds.