Form 40-24B2 AFL CIO HOUSING INVESTME
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New York Key Market
| EconoMIC IMPACT OF HIT-FINANCED PROJECTS^ IN NEW YORK CITY | ||||||
| In 2024 Dollars, Since Inception* | ||||||
| 80 | $2.2B | $8.0M | $5.5B | 45,444 | ||
| Projects | HIT Investment Amount | Building America NMTC Allocation |
Total Development Cost | Housing Units Created or Preserved (91% affordable) |
||
| $6.7B | 27.0M | 30,188 | $3.2B | $426.6M | ||
| Total Economic Impact | Hours
of Union Construction Work |
Jobs Across Industries | Total Wages and Benefits | State
and Local Tax Revenue Generated |
||
* Job and economic impact figures are estimates calculated using IMPLAN, an input-output model, based on HIT and subsidiary Building America project data. The data is current as of June 30, 2025. Economic impact data is in 2024 dollars and all other figures are nominal.
Investors should consider the HIT’s investment objectives, risks and expenses carefully before investing. A prospectus containing more complete information may be obtained from the HIT by calling the Marketing and Investor Relations Department at 202-331-8055 or by viewing the HIT’s website at www.aflcio-hit.com. The prospectus should be read carefully before investing.
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