$2 Billion in HIT Assets

HIT net assets grow to more than $2 billion, with an increasingly diversified investor base. While building trades funds still hold nearly two-thirds of HIT assets, 21% are from the service sector and 16% from public employee funds.

At Home in New Orleans

At Home New OrleansThe HIT's At Home in New Orleans program works with the City of New Orleans and Freddie Mac to rehabilitate or rebuild dilapidated homes in New Orleans.

Workforce Housing

The Quality Housing and Work Responsibility Act provides additional public housing units for moderate-income working families. It also raises the limit on FHA loans, creates a homeownership voucher program, and authorizes a home rehabilitation demonstration program.

Economic Growth

Strong economic growth with increased tax revenues allows the federal government to post its first surplus in 30 years.