Boston Key Market
ECONOMIC IMPACT OF HIT-FINANCED PROJECTS IN BOSTON | ||||||
In 2022 Dollars, Since Inception* |
||||||
41
Projects |
$798.6M
HIT Investment Amount |
$21.0M
Building
America NMTC |
$2.1B
Total Development Cost |
4,782
Housing
Units Created or |
||
$4.2B | 16.1M | 19,666 | $1.9B | $140.0M | ||
Total Economic Impact | Hours
of Union Construction Work |
Total
Jobs Across |
Total Wages and Benefits |
State
and Local Tax |
||
*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, 2023. Economic impact data is in 2022 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.