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HIT Praised for Socially Responsible Investing at Clinton Global Initiative Forum (2012)


“Since last year’s CGI meeting, the AFL-CIO Housing Investment Trust invested $165 million in energy-efficiency retrofits of six multifamily housing projects – two of them in Chicago. And what did it do? 3,000 affordable housing units were retrofitted and 1,000 jobs were created…We’re trying to figure out how to use our [pension] assets to try to create jobs, to try to create infrastructure, to try to shore up communities.”

-Randi Weingarten, President, American Federation of Teachers

(Click on the image above to view the full video of the forum. President Weingarten’s remarks, in which she discusses the HIT’s investments, begin at 14:00.)