497 1 ahit-497_081220.htm HOURS BY TRADES HO 06-30

 

 

 

 

 

By financing development projects built with 100% union labor, the HIT invests in assets which are more likely to be built safely, on time and on budget. When these same developments are built with our affiliates’ pension capital, it reinforces the health of our pension funds.”

Sean McGarvey

President, North America’s Building Trades Unions

Trustee, AFL-CIO Housing Investment Trust

 

* 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, 2020. Economic impact data is in 2019 dollars and all other figures are nominal.


 

 

 

 

 

HELPING BUILD AMERICA—THE UNION WAY
JOBS CREATED BY TRADE SINCE INCEPTION*

 

Trade Type  Jobs  Hours  
Asbestos and insulation  1,136  2,285,990 
Boilermakers  841  1,693,160 
Bricklayers (including tile setters)  5,857  11,784,420 
Carpenters  16,063  32,376,710 
Cement Masons  3,370  6,714,410 
Electrical Workers  13,378  26,910,870 
Elevator Constructors  533  1,070,270 
Ironworkers  2,596  5,223,360 
Laborers  11,330  22,788,270 
Operating Engineers  3,138  6,310,990 
Other  6,602  13,277,890 
Painters  7,054  14,190,160 
Plumbers  9,772  19,656,520 
Roofers  2,962  5,960,730 
Sheet Metal Workers  2,774  5,581,210 
Teamsters  1,350  2,714,970 
Grand Total  88,756  178,539,930 

 

* 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, 2020. Economic impact data is in 2019 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 collect at 202-331-8055. Investors should read the current prospectus carefully before investing.