AFL-CIO Housing Investment Trust
04/16/2026 | Press release | Distributed by Public on 04/16/2026 09:13
Prospectus by Investment Company (Form 497)
PROJECT IMPACTS
(1984-PRESENT*)
|
$52.7 Billion total economic benefits |
$22.7 Billion
personal income including wages |
$7.0 Billion
tax revenues |
|
217.0 Million
hours of on-site union |
248.6 Thousand
total jobs generated |
132.0 Thousand
housing and healthcare units |
"By financing development projects built with 100% union labor, the HIT invests in assets which are more likely to be built safely, on time and on budget. When these same developments are built with our affiliates' pension capital, it reinforces the health of our pension funds."
Sean McGarvey
President, North America's Building Trades Unions
Trustee, AFL-CIO Housing Investment Trust
*Includes projects receiving NMTC allocations by HIT subsidiary Building America CDE, Inc. Job and economic impact flgures are estimates calculated using IMPLAN, an input-output model, based on HIT and Building America project data. Data is since inception, current as of March 31, 2026. Economic impact data is in 2025 dollars and all other flgures 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.
HELPING BUILD AMERICA-THE UNION WAY
JOBS CREATED BY TRADE SINCE INCEPTION*
| Trade Type | Jobs | Hours |
| Boilermakers, Iron Ship Builders, Blacksmiths, Forgers and Helpers | 858 | 1,726,440 |
| Bricklayers and Allied Craftworkers | 6,377 | 12,827,520 |
| Bridge, Structural, Ornamental and Reinforcing Ironworkers | 2,883 | 5,799,710 |
| Carpenters | 19,677 | 39,559,340 |
| Electrical Workers | 16,444 | 33,059,260 |
| Elevator Constructors | 960 | 1,927,160 |
| Heat and Frost Insulators and Allied Workers | 1,309 | 2,633,210 |
| Laborers | 14,693 | 29,531,220 |
| Operating Engineers | 3,951 | 7,941,570 |
| Operative Plasterers and Cement Masons | 3,997 | 8,035,390 |
| Other | 7,827 | 15,733,740 |
| Painters and Allied Trades | 8,493 | 17,076,920 |
| Plumbers, Fitters, Welders and Service Techs | 11,877 | 23,878,000 |
| Roofers, Waterproofers and Allied Workers | 3,426 | 6,890,700 |
| Sheet Metal, Air, Rail and Transportation Workers | 3,476 | 6,987,470 |
| Teamsters | 1,695 | 3,407,020 |
| Grand Total | 107,943 | 217,014,650 |
*Includes projects receiving NMTC allocations by HIT subsidiary Building America CDE, Inc. Job and economic impact flgures are estimates calculated using IMPLAN, an input-output model, based on HIT and Building America project data. Data is since inception, current as of March 31, 2026. Economic impact data is in 2025 dollars and all other flgures 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. A prospectus containing more complete infor-mation 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 April 16, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 16, 2026 at 15:13 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]