The HIT-DVF's primary portfolio is holding the AFL-CIO HIT, an impact bond fund with a more than 30-year track of financing affordable housing and market-rate rental housing, creating good paying union construction jobs, and promoting community economic development across the U.S.
HIT Project Impacts From Inception (1984) Through March 2019*
$30.1B Total Economic Impact
110,460 Housing Units, 66% affordable
180,900 Total Jobs Across Industries
$20B Total Development Investment
169M Hours of Union Construction Work
$11.8B Total Wages & Benefits
$5.9B Wages & Benefits to Construction Workers
*Source: Pinnacle Economics, Inc., and HIT. Jobs and economic impacts provided are estimated calculated using an IMPLAN input-output model based on HIT project data. Projects include those where HIT’s subsidiary, Building America has allocated NMTCs. In 2018 dollars. Current as of March 31, 2019.
Investing in your Backyard
The HIT-DVF is only available for investment by eligible qualified retirement plan investors.