40-24B2 1 ahit-4024b2_042621.htm FILING OF SALES LITERATURE

Boston Key Market

 

ECONOMIC IMPACT  OF HIT-FINANCED PROJECTS IN BOSTON
In 2020 Dollars, Since Inception*
 

 

36

 

Projects

 

 

$667.4M

 

HIT Investment Amount

 

 

$21.0M

 

Building America NMTC Allocation

 

 

$1.6B

 

Total Development Cost

 

 

4,232

 

Housing Units Created or Preserved

 

 
 

 

$2.9B

 

Total Economic Impact 

 

12.9M

 

Hours of Union Construction Work 

 

$1.2B

 

Total Wages and Benefits 

 

14,890

 

Total Jobs Across Industries 

 

$89.7M

 

State and Local Tax Revenue Generated

 

 

 

*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 is current as of March 31, 2021. Economic impact data is in 2020 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.