40-24B2 1 bay-4024b2_102621.htm HIT TABLE

 

Bay Area Initiative Key Market

 

 

 

BAY AREA ECONOMIC IMPACT OF INVESTMENTS

(2020 – Present)

 

 

 

 

 

 

 

 

2

$71.1M

$174.5M

289

50%

 

             

 

Number of Projects

HIT Investment Amount

Total Development Cost

Housing Units Created or
Preserved

Percent Affordable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$342.8M

1.2M

$57.1M

1,955

144

 

             

 

Total Economic Impact

Hours of Construction
Work Generated

State, Local and Federal
Tax Revenue Generated

Total Jobs Created

Low and Moderate
Income Housing Units

 

             

 

 

 

 

 

 

 

 

 

*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, 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.