WASHINGTON, May 31, 2013 /PRNewswire-USNewswire/ -- The AFL-CIO Housing Investment Trust (HIT) announced today the launch of its HITWIRE service. The news service will inform union members, working families and the public on the many ways that labor unions are building stronger communities through pension capital investments creating affordable housing, union jobs, and economic growth.
The HITWIRE at www.aflciohitwire.com will tell the stories of union men and women helping to revive communities across the nation. It will also tell the stories of communities and residents whose quality of life has been enhanced by projects built with union pension funds and union labor.
"More than ever it is important to demonstrate how unions are making a difference for working families through their pension capital and their labor," said Eric Price, Executive Vice President of the HIT. "We are using this vehicle to communicate what union pension capital and union labor are accomplishing."
All stories reported and written by the HITWIRE can be downloaded from the website and reprinted free of charge by newsletters, websites, community papers and mainstream media.
HITWIRE is produced by the AFL-CIO Housing Investment Trust, a $4.7 billion fixed-income investment company that has put the pension capital from union members to work in local communities for nearly 50 years. Part of the HIT's mission is to let working people know how their pension capital is working for them – how it helps make a difference in their communities in addition to generating sound financial returns. To learn more about the HIT, please visit www.aflcio-hit.com.
Michael K. Frisby
SOURCE AFL-CIO Housing Investment Trust