40-24B2 1 hitkmnyc-4024b2_093021.htm FILING OF SALES LITERATURE

 

Bay Area Key Market

 

 

 

ECONOMIC IMPACT OF HIT-FINANCED PROJECTS IN THE BAY AREA

In 2020 Dollars, Since Inception*

             

 

21

$467.2M

$866.0M

10.2M

3,520

 

             

 

Projects

HIT Investment Amount

Total Development Cost

Hours of Union

Construction Work

Housing Units Created or

Preserved

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$1.9B

$821.5M

11,127

$89.3M

35%

 

             

 

Total Economic Impact

Total Wages and Benefits

Total Jobs Across

Industries

State and Local Tax

Revenue Generated

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, 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.