Twin Cities Key Market
ECONOMIC IMPACT OF HIT-FINANCED PROJECTS IN THE TWIN CITIES | ||||||
In 2021 Dollars, Since Inception* | ||||||
78
Projects
|
$1.5B
HIT Investment Amount
|
$2.2B
Total Development Cost
|
20.3M
Hours
of Union
|
11,214
Housing
Units Created or
|
||
$4.6B | 25,879 | $1.8B | $186.2M | 53% | ||
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 since inception, current as of September 30, 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.