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Form 40-24B2 AFL CIO HOUSING INVESTME

February 2, 2023 3:45 PM EST

 

St. Louis Key Market

 

 

ECONOMIC IMPACT OF HIT-FINANCED PROJECTS IN ST. LOUIS

In 2021 Dollars, Since Inception*

 

31

 

Projects

 

$607.2M

 

HIT Investment Amount

 

$983.8M

 

Total Development Cost

 

13.9M

 

Hours of Union
Construction Work

 

5,268

 

Housing Units Created or
Preserved

 

 
  $2.4B 15,339 $1.0B $81.6M 33%  
  Total Economic Impact Total Jobs Across
Industries
Total Wages and Benefits State and Local Tax
Revenue Generated
Percent Affordable  
             

 

*Job and economic impact figures are estimates calculated using IMPLAN, an input-output model, based on HIT and HIT subsidiary Building America CDE, Inc. project data. Data is current as of December 31, 2022. Economic impact data is in 2021 dollars and all other figures are nominal.

 

Investors should consider the HIT’s investment objectives, risks and expenses carefully before investing. Investors may view the HIT’s current prospectus, which contains more complete information, on its website at www.aflcio-hit.com and may obtain a copy from the HIT by calling the Marketing and Investor Relations Department collect at 202-331-8055. Investors should read the current prospectus carefully before investing.

 

 



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