UCTF Development
Partnerships and Affiliations
UCTF’s primary development partner is the AFL-CIO Housing Investment Trust (“HIT”), a $6.3 billion national affordable housing pension investment fund. Additional UCTF partnerships:
Consortium for Worker Education (training program design and content development)
Hindu American Seva Communities
FREE (NY based youth service providers)
Children’s Village (NY based non-profit youth service providers)
With the financial backing of the Socially Responsible Investment (SRI) debt capital source for related community and economic development that align with our initiatives our layered finance experience will include:
Taxable and Tax-Exempt Bonds
New Markets Tax Credit (NMTC)
Low-Income Housing Tax Credit (LITHC)
Opportunity Zones (OZs)
Section 8
Projects:
The following development overview highlights UCTF’s active and pipeline focus, with one site currently under development, 2 pipeline, and projected 34 additional available. Project site locations vary from infill to grayfield with community revitalization an overarching initiative.
