0001387131-20-009899.txt : 20201113 0001387131-20-009899.hdr.sgml : 20201113 20201113153011 ACCESSION NUMBER: 0001387131-20-009899 CONFORMED SUBMISSION TYPE: 40-24B2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20201113 DATE AS OF CHANGE: 20201113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AFL CIO HOUSING INVESTMENT TRUST CENTRAL INDEX KEY: 0000225030 IRS NUMBER: 526220193 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-24B2 SEC ACT: 1940 Act SEC FILE NUMBER: 811-03493 FILM NUMBER: 201311148 BUSINESS ADDRESS: STREET 1: 1227 25TH STREET, NW STREET 2: SUITE 500 CITY: WASHINGTON STATE: DC ZIP: 20037 BUSINESS PHONE: (202) 331-8055 MAIL ADDRESS: STREET 1: 1227 25TH STREET, NW STREET 2: SUITE 500 CITY: WASHINGTON STATE: DC ZIP: 20037 40-24B2 1 ahitbay-4024b2_111320.htm FILING OF SALES LITERATURE

Bay Area Key Market

 

             
ECONOMIC IMPACT OF HIT-FINANCED PROJECTS IN THE BAY AREA
In 2019 Dollars, Since Inception*
             
 

19

 

Projects

$396.1M

 

HIT Investment Amount

$691.6M

 

Total Development Cost

3,231

 

Housing Units Created or
Preserved

9.1M

 

Hours of Union
Construction Work

 
             
 

9,172

 

Total Jobs Across

Industries

 

$637.4M

 

Total Wages and Benefits

$70.6M

 

State and Local Tax
Revenue Generated

$1.6B

 

Total Economic Impact

34%

 

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 September 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.