Form 40-24B2 AFL CIO HOUSING INVESTME
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New York City Key Market
| ECONOMIC IMPACT OF HIT-FINANCED PROJECTS^ IN NEW YORK CITY | ||||||
| In 2023 Dollars, Since Inception* | ||||||
| 79 | $2.1B | $8.0M | $5.3B | 45,348 | ||
| Projects | HIT Investment Amount | Building America NMTC Allocation |
Total Development Cost | Housing Units Created or Preserved (91% affordable) |
||
| $6.3B | 26.2M | 29,358 | $3.0B | $407.1M | ||
| Total Economic Impact | Hours of Union Construction Work |
Jobs Across Industries | Total Wages and Benefits | State and Local Tax Revenue Generated |
||
^ Includes purchase of securities for the preservation of affordable housing.
* 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, 2024. Economic impact data is in 2023 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 at 202-331-8055. Investors should read the current prospectus carefully before investing.
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