497 1 ahit-497_011520.htm DEFINITIVE MATERIALS

 

The AFL-CIO Housing Investment Trust (HIT) is a $6.6 billion fixed-income mutual fund that specializes in high credit quality multifamily mortgage-backed securities.

 

The HIT has over 35 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. Since inception, the HIT has created the following impacts:

$32.3 billion total economic impact*

Invested $8.7 billion nationally since inception in 1984, financed
532 projects in 30 states and the District of Columbia

Created over
178.1 million hours of union
construction labor
Generated over
193,492 total jobs in
communities across the U.S.
$16.5 billion in
total development
investement
Produced 117,005 housing and
healthcare units nationwide,
with 67% of the housing units
affordable or workforce housing
       

$13.0 billion in wages and benefits*

$6.6 billion for construction workers $6.4 billion of other wages and benefits

continued

* 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 December 31, 2019. Economic impact data is in 2018 dollars and all other figures are nominal.

 

 

Economic Impact DECEMBER 2019
 
 
 

Work Generated for
[Trade Type]
Since Inception (1984–Present)*

Trade Estimated Hours Worked
[Trade Type] xxx,xxx,xxx
Total All Trades 178,062,420

 

* 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 December 31, 2019. Economic impact data is in 2018 dollars and all other figures are nominal.

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.

 

  2401 Pennsylvania Ave., NW, Suite 200 | Washington, DC 20037 | 202.331.8055  |  www.aflcio-hit.com