Greystone Housing Impact Investors LP Announces Broker's For Sale Listing of Vantage at Hutto

Core Insights - Greystone Housing Impact Investors LP announced the public listing of Vantage at Hutto, a 288-unit multifamily property in Hutto, TX, with an expected sale in Q1 2025 if the listing process aligns with past sales [1][2] - The Partnership invested a total of $11.8 million in equity during the construction and stabilization of the property, which was completed in December 2023 [1] - As of August 31, 2024, the property reported a physical occupancy rate of 89% [1] Company Overview - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds aimed at financing affordable multifamily, seniors, and student housing [3] - The Partnership's strategy includes acquiring additional mortgage revenue bonds and leveraging investments to achieve growth, while also utilizing interest rate risk management instruments [3] - The interest earned on mortgage revenue bonds is expected to be excludable from gross income for federal tax purposes [3]