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

Midwest@Work Initiative

 

 

 

 

MIDWEST@WORK ECONOMIC IMPACT OF INVESTMENTS

(2016-present)

 

 

 

50

$1.4B

$42.0M

$2.5B

7,646

 

 

Number of Projects

 

HIT Investment Amount

Building America NMTC
Allocation

Total Development Cost

Housing Units Created or
Preserved

 

 

$4.4B

18.8M

25,229

$557.8M

4,184

 

 

Total Economic Impact

 

Hours of Construction
Work Generated

Total Jobs Created

State, Local and Federal
Tax Revenue Generated

Low-and Moderate-
Income Housing Units
(55% 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, 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.