AFL-CIO Housing Investment Trust
07/22/2025 | Press release | Distributed by Public on 07/22/2025 14:52
Sales Literature by Investment Company (Form 40-24B2)
Twin Cities Key Market
| EconoMIC IMPACT OF HIT-FINANCED PROJECTS IN THE TWIN CITIES | ||||||
| In 2024 Dollars, Since Inception* | ||||||
| 85 | $1.6B | $5.0M | $2.5B | 11,963 | ||
| Projects | HIT Investment Amount |
Building America NMTC Allocation |
Total Development Cost |
Housing Units Created or Preserved (52% affordable) |
||
| $5.8B | 22.6M | 28,514 | $2.3B | $231.4M | ||
| Total Economic Impact |
Hours of Union Construction Work |
Total 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 subsidiary Building America project data. The data is current as of June 30, 2025. Economic impact data is in 2024 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 at 202-331-8055 or by viewing the HIT's website at www.aflcio-hit.com. The prospectus should be read carefully before investing.
AFL-CIO Housing Investment Trust published this content on July 22, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on July 22, 2025 at 20:52 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]