40-24B2 1 hitkmnyctable-4024b2_050222.htm FILING OF SALES LITERATURE

New York City Key Market

ECONOMIC IMPACT OF HIT-FINANCED PROJECTS IN NEW YORK CITY

In 2021 Dollars, Since Inception*

 

 

74

$1.9B

$8.0M

$4.8B

44,226

 

 

Projects

HIT Investment Amount

Building America NMTC
Allocation

Total Development Cost

Housing Units Created or
Preserved
(92% affordable)


 

 

$5.7B

26.2M

29,358

$2.7B

$370.0M

 

 

Total Economic Impact

Hours of Union
Construction Work

Jobs Across Industries

Total Wages and Benefits

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. Data is current as of March 31, 2022. Economic impact data is in 2021 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.