497 1 ahit-497_071618.htm DEFINITIVE MATERIALS

AFL-CIO Housing Investment Trust

 

 

The AFL-CIO Housing Investment Trust (HIT) is a $6.0 billion fixed-income mutual fund that specializes in high credit quality multifamily mortgage-backed securities.

The HIT has more than 30 years of success in impact investing – generating competitive returns for pension and other eligible funds while also providing the vital collateral benefits of union jobs and affordable housing for working people.

The HIT’s investments have had significant positive impacts on communities across the country.

 

$28.6 billion total economic impact*

Invested $11.2 billion nationally since inception in 1984, financed 502 projects in 29 states

Created over 165.6 million hours of union construction labor.

Generated over 176,100 total jobs in communities across the U.S.

Created $11.2 billion in personal income including benefits, with $5.6 billion for construction workers

Produced approximately 109,200 housing and healthcare units nationwide, with 66% of the housing units affordable or workforce housing

 

$3.5 billion in tax revenues*

State and local revenue of $1.2 billion

Federal revenue of $2.4 billion

 

 

*Source: Pinnacle Economics, Inc., and HIT. Figures provided by Pinnacle are estimates calculated using an IMPLAN input-output model based on HIT project data. Projects include those with financing by HIT’s subsidiary, Building America. Data current as of June 30, 2018 and in 2017 dollars.

 

July 2018

   
 

 

AFL-CIO Housing Investment Trust

 

 

WORK GENERATED FOR [TRADE TYPE]

Last 10 Years (2008-2Q 2018)

Trade Estimated Hours Worked
[Trade Type] [xxx,xxx,xxx]
Total All Trades 56,611,700

 

Since the HIT’s inception in 1984

Trade Estimated Hours Worked
[Trade Type] [xxx,xxx,xxx]
Total All Trades 165,562,700

 

 

 

 

 

Investors should consider the HIT’s investment objectives, risks, and charges and expenses carefully before investing. This and other information is contained in the HIT’s prospectus. To obtain a prospectus, call the HIT at 202-331- 8055 or view the HIT’s website at www.aflcio-hit.com. The prospectus should be read carefully before investing.

 

AFL-CIO HOUSING INVESTMENT TRUST

2401 Pennsylvania Avenue, NW, Suite 200

Washington, DC 20037

(202) 331-8055

www.aflcio-hit.com

 

 

    JULY 2018