0001999371-24-000402.txt : 20240112 0001999371-24-000402.hdr.sgml : 20240112 20240112140835 ACCESSION NUMBER: 0001999371-24-000402 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240112 DATE AS OF CHANGE: 20240112 EFFECTIVENESS DATE: 20240112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AFL CIO HOUSING INVESTMENT TRUST CENTRAL INDEX KEY: 0000225030 ORGANIZATION NAME: IRS NUMBER: 526220193 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-59762 FILM NUMBER: 24531633 BUSINESS ADDRESS: STREET 1: 1227 25TH STREET, NW STREET 2: SUITE 500 CITY: WASHINGTON STATE: DC ZIP: 20037 BUSINESS PHONE: (202) 331-8055 MAIL ADDRESS: STREET 1: 1227 25TH STREET, NW STREET 2: SUITE 500 CITY: WASHINGTON STATE: DC ZIP: 20037

0000225030 S000009768 AFL CIO HOUSING INVESTMENT TRUST

C000026832 AFL CIO HOUSING INVESTMENT TRUST

497 1 ibewvidtr23_497-011224.htm DEFINITIVE MATERIALS

TRANSCRIPT – IBEW Video (60 Seconds)

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Residences @ 150 Bagley project

Jimmy Vaughan, Business Agent, Plumbers and Gasfitters Local 12:

What HIT is doing is a win-win for everybody involved.

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598 Projects Nationwide

Kate Bennett, former CEO, Boston Housing Authority:

They're investing in projects that have a greater purpose.

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127,839 Units of Housing

67% Affordable Housing

Chris Coleman, AFL-CIO HIT, Chair, Board of Trustees:

The dollars that the workers on these projects are earning get reinvested.

Alex Zurek, Sec. Treasurer, Michigan Labor District Council:

That money falls back into the AFL HIT programs, and then they invest in our local communities and put our people to work.

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$45.6 Billion Total Economic Impacts

Liz Shuler, President, AFL-CIO:

We can create jobs, and we can actually revitalize a whole community.

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95 St. Alphonsus Street Apartments project

Byron Osbern, Business Representative, IBEW Local 58:

The HIT Fund is our members' money in action.

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HIT’s IBEW Investment Impact

15,569 jobs

31.3 M Hours On-site Work for IBEW Members

Lou Antonellis, Business Manager, IBEW, Local 103:

We could take a sigh of relief knowing that HIT's projects are 100% union.

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HIT PROJECTS IN CONSTRUCTION/COMMITTED

AS OF DECEMBER 31, 2023

California

3 Projects Under Construction

1.2M Hours of Union Construction Work

$77.5 Invested or Allocated

Illinois

13 Projects Under Construction

5.9M Hours of Union Construction Work

$351.8M Invested or Allocated

Massachusetts

5 Projects Under Construction

3.2M Hours of Union Construction Work

$110.1M Invested or Allocated

Michigan

1 Project Under Construction

0.7M Hours of Union Construction Work

$47.8M Invested or Allocated

Minnesota

12 Projects Under Construction

3.2M Hours of Union Construction Work

$321.5M Invested or Allocated

New Jersey

1 Project Under Construction

4.1M Hours of Union Construction Work

$50.0M Invested or Allocated

New York

1 Project Under Construction

2.0M Hours of Union Construction Work

$50.0M Invested or Allocated

Pennsylvania

2 Projects Under Construction

0.8M Hours of Union Construction Work

$20.0M Invested or Allocated

Texas

1 Project Under Construction

0.3M Hours of Union Construction Work

$37.0M Invested or Allocated

Wisconsin

1 Project Under Construction

1.5M Hours of Union Construction Work

$104.7M Invested or Allocated

Chris Coleman:

So really, the map for the future for any community, when they partner with Housing Investment Trust, it's a map of growth, it's a map of future success of your city.

HIT’s National Impact:

598 Projects

$10.7 Billion Invested Capital

206.0 Million Hours of Union Construction Work

232,644 Jobs Across Communities

127,839 Units of Housing (67% Affordable)

$45.6 Billion Total Economic Impacts

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AFL-CIO Housing Investment Trust

Competitive Returns | Union Construction Jobs | Housing Finance

Job and economic impact figures are estimates calculated using IMPLAN, an input-output model, based on HIT and subsidiary Building America CDE, Inc. project data. Data since inception, current as of December 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. A prospectus containing more complete information may be obtained from the HIT by calling the Marketing and Investor Relations Department collect at 202-331-8055 or by viewing the HIT’s website at www.aflcio-hit.com. The prospectus should be read carefully before investing.