Form 40-24B2 AFL CIO HOUSING INVESTME
Twin Cities Key Market Website Table
|
ECONOMIC IMPACT OF HIT-FINANCED PROJECTS IN THE TWIN CITIES |
||||||
| In 2024 Dollars, Since Inception* | ||||||
| 87 | $1.7B | $5.0M | $2.7B | 12,261 | ||
| Projects | HIT Investment Amount | Building
America NMTC Allocation |
Total Development Cost | Housing
Units Created or Preserved (51% affordable) |
||
| $6.0B | 23.3M | $2.4B | 29,455B | $239.1M | ||
| Total Economic impact | Hours
of Union Construction Work |
Total Wages and Benefits | Total
Jobs Across Industries |
State
and Local Tax Revenue Generated |
||
*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, 2025. Economic impact data is in 2024 dollars and all other figures are nominal. America CDE, Inc. is a portfolio investment of the HIT but, unless otherwise noted, its underlying projects are not held in the HIT’s portfolio.
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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