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

Twin Cities Key Market 

ECONOMIC IMPACT OF HIT-FINANCED PROJECTS IN THE TWIN CITIES

In 2021 Dollars, Since Inception*

 

 

73

$1.3B

$2.0B

19.1M

10,678

 

 

Projects

HIT Investment Amount

Total Development Cost

Hours of Union
Construction Work

Housing Units Created or
Preserved

 

 

$4.3B

24,021

$1.7B

$170.2M

51%

 

 

Total Economic Impact

Total Jobs Across Industries

Total Wages and Benefits

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 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.