Form 40-24B2 AFL CIO HOUSING INVESTME

November 4, 2026 11:58 AM EST

 

New York City Community Investment Initiative

 

 

NEW YORK CITY ECONOMIC IMPACT OF INVESTMENTS^

(2002-present)

  81 $2.3B $6.5B 45,812 42,225  
  Number of Projects HIT Investment Amount Total Development Cost Housing Units Created or
Preserved
Low- and Moderate-
Income Housing Units
 
  $7.1B 26.4M 30,480 $1.1B 92%  
  Total Economic Impact Hours of Construction
Work Generated
Total Jobs Created State, Local and Federal
Tax Revenue Generated
Percent Affordable  
             

 

^ Includes purchase of securities for the preservation of affordable housing.

 

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 September 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.

 

 

 



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