08/04/2026 | Press release | Distributed by Public on 08/04/2026 10:59
Midwest @ Work Initiative
| MIDWEST@WORK ECONOMIC IMPACT OF INVESTMENTS | ||||||
| (2016-present) | ||||||
| 92 | $2.1B | $85.0M | $4.6B | 12,573 | ||
| Number of Projects | HIT Investment Amount |
Building America NMTC Allocation |
Total Development Cost |
Housing Units Created or Preserved |
||
| $9.1B | 31.5M | 45,391 | $1.2B | 7,553 | ||
| Total Economic Impact |
Hours of Construction Work Generated |
Total Jobs Created |
State, Local and Federal Tax Revenue Generated |
Low- and Moderate- Income Housing Units (60% affordable) |
||
Includes projects receiving NMTC allocations by HIT subsidiary Building America CDE, Inc. Job and economic impact figures are estimates calculated using IMPLAN, an input-output model, based on HIT and Building America project data. Data is current as of June 30, 2026. Economic impact data is in 2025 dollars and all other figures are nominal. Building America is a portfolio investment of the HIT but, unless otherwise noted, its underlying projects are not held in the HIT's portfolio.
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 at 202-331-8055. Investors should read the current prospectus carefully before investing.