Projects Under Construction as of January 31, 2021

Commitment/ Construction Start	HIT Projects	City	State		Total Units		Affordable Units		Union Construction Hours		HIT Commitment		Total Development Cost
4Q 2016	Cherry Street Lofts Phase I	Bridgeport		CT		157		126		471,410	$	35,000,000	$	54,382,955
3Q 2018	Church & State (Project 29)	Cleveland		OH		158		—		459,220	$	39,000,000	$	54,834,231
4Q 2018	1490 Southern Boulevard	Bronx		NY		115		115		456,530	$	35,000,000	$	59,120,711
4Q 2018	Montclare Senior Residences of Englewood	Chicago		IL		102		102		352,240	$	2,300,000	$	25,397,680
4Q 2018	Ya Po Ah Terrace Condo B	Eugene		OR		112		112		177,980	$	7,879,300	$	32,226,372
4Q 2018	Ya Po Ah Terrace Condo A	Eugene		OR		109		109		136,270	$	7,405,000	$	29,179,063
4Q 2018	Lake Street Apartments	Minneapolis		MN		111		111		221,440	$	13,500,000	$	27,554,885
2Q 2019	Betances Residence	Bronx		NY		152		152		633,290	$	52,000,000	$	98,000,000
2Q 2019	95 Saint Alphonsus Street Apartments (Longwood II)	Boston		MA		115		15		478,300	$	51,940,400	$	66,685,759
2Q 2019	Bassett Creek Apartments	Minneapolis		MN		139		—		344,690	$	33,609,500	$	37,616,980
2Q 2019	Zvago Cooperative at Lake Superior	Duluth		MN		51		—		176,940	$	14,033,700	$	18,436,578
3Q 2019	The Block at 803 Waimanu	Honolulu		HI		153		134		375,700	$	17,137,500	$	54,228,601
3Q 2019	Old Colony Phase Three A	Boston		MA		135		135		511,510	$	47,880,000	$	64,040,973
4Q 2019	Cote Village	Boston		MA		76		76		415,960	$	20,116,000	$	49,049,428
4Q 2019	Parker Station Flats	Robbinsdale		MN		198		—		508,780	$	41,393,900	$	53,082,171
4Q 2019	Sundance at Settler's Ridge	Woodbury		MN		218		—		544,190	$	53,545,900	$	69,580,136
4Q 2019	Gateway Northeast	Minneapolis		MN		128		77		273,760	$	20,950,000	$	38,660,971
4Q 2019	18 Sixth Avenue at Pacific Park	Brooklyn		NY		858		257		3,881,830	$	100,000,000	$	710,000,000
2Q 2020	Wrigleyville North Apartments	Chicago		IL		120		8		289,900	$	34,982,300	$	40,912,471
3Q 2020	Northpoint Apartments	Chicago		IL		304		304		226,220	$	68,984,000	$	86,804,801
3Q 2020	Old Colony Phase Three B4 & B9	Boston		MA		115		115		486,320	$	42,449,000	$	61,054,733
3Q 2020	Old Colony Phase Three C	Boston		MA		55		55		198,030	$	36,430,000	$	26,506,507
4Q 2020	Zvago Cooperative at Stillwater	Stillwater		MN		48		—		192,200	$	15,825,900	$	22,400,354
4Q 2020	Ventana Residences (99 Ocean)	San Francisco		CA		193		48		805,240	$	52,000,000	$	121,934,463
4Q 2020	Carl Mackley Houses	Philadelphia		PA		184		184		262,640	$	13,800,000	$	36,876,137
4Q 2020	Residences @ 150 Bagley	Detroit		MI		148		30		569,310	$	37,000,000	$	62,618,309
4Q 2020	University and Fairview Apartments	Saint Paul		MN		243		243		476,130	$	79,100,713	$	68,486,408
4Q 2020	53 Colton Street	San Francisco		CA		96		96		368,640	$	19,058,892	$	52,515,971
4Q 2020	Pinzone Towers	Rocky River		OH		100		100		75,910	$	6,583,800	$	12,601,487
1Q 2021	Circle Park	Chicago		IL		418		418		292,010	$	84,895,000	$	163,806,449
1Q 2021	Heiwa Terrace Apartments	Chicago		IL		204		204		396,710	$	28,500,000	$	68,414,801
	HIT Projects	31				5,315		3,326		15,059,300	$	1,112,300,805	$	2,367,010,385
Commitment/ Construction Start	Building America CDE, Inc. Projects (HIT Subsidiary)	City		State		Square Feet		Affordable Units		Union Construction Hours		New Markets Tax Credits  Allocation		Total Development Cost
1Q 2018	Joseph P. Addabbo Family Health Center	Queens		NY		44,500		—		216,970	$	8,000,000	$	23,420,528
2Q 2019	Altgeld Family Resource Center	Chicago		IL		40,000		—		252,760	$	10,000,000	$	28,115,001
4Q 2019	Powel-Science Leadership Academy Middle School	Philadelphia		PA		90,000		—		340,530	$	9,000,000	$	49,873,280
1Q 2020	YWCA of Central Massachusetts	Worcester		MA		74,300		—		187,630	$	9,000,000	$	24,875,180
3Q 2020	Sugar Hill	Detroit		MI		54,760		20		314,560	$	14,500,000	$	35,080,214
	Projects Receiving Building America CDE, Inc. New Markets Tax Credits Allocation	5				303,560		20		1,312,450	$	50,500,000	$	161,364,203
	Grand Total	36								16,371,750			$	2,528,374,588

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 January 31, 2020. Economic impact data is in 2019 dollars and all other figures are nominal.

This table provides information about projects financed by the HIT that were pre- or under construction as of the date of this report. Projects are included until they reach permanent loan status. The projects shown on this table may not reflect HIT’s current portfolio for any or all of the following reasons: (i) the assets related to the project(s) shown on this table may no longer be held in the HIT’s current portfolio; (ii) other assets in the HIT’s current portfolio may have characteristics different from those shown on this table; and (iii) this table is not a complete list of all the projects financed by the HIT as of the date of this report. 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 current prospectus. To obtain a current prospectus, call the HIT at (202) 331‐8055 or visit the HIT’s website at www.aflcio-hit.com.