AFL-CIO Housing Investment Trust
08/12/2024 | Press release | Distributed by Public on 08/12/2024 11:37
Sales Literature by Investment Company Form 40 24B2
Twin Cities Key Market
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ECONOMIC IMPACT OF HIT-FINANCED PROJECTS IN THE TWIN CITIES |
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In 2023 Dollars, Since Inception* |
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83 Projects |
$1.6B HIT Investment Amount |
$2.5B Total Development Cost |
22.0M
Hours of Union |
11,876
Housing Units Created or |
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| $5.5B | 27,899 | $2.2B | $220.0M | 53% | ||
| 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 June 30, 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.